AUZ 0.00% 1.0¢ australian mines limited

That’s fine I get all of that !But looking long term- but what...

  1. 4,449 Posts.
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    That’s fine I get all of that !

    But looking long term- but what your not getting is this-
    2M shares today

    CR in 3 - 6 mths (less 15% volume = share value of 1,700,000 shares
    (Remember there isn’t any guarantee of pre payment yet it’s all hearsay)

    Then the mother of all bombs, dilution, let’s say 4-1 (conservative) 425,000 shares

    In five yrs dividends get paid out at 6cps 100%FF

    2,000,000 @ .06 cps = $150,000 or
    425,000 @ .06 cps = $25,500

    Gee I know what I’d prefer!!

    With that sort of dilution you may as well invest in CBA or even better NAB!!

    All I’m saying, the longer this drags on the less your shares are worth in the end!!

    Auz doesn’t value the SH that supports them in the end. They got their $$$ in the IPO and CR’s What about you? Why shouldn’t you get the desired outcome that you planned for?

    Greater transparency and honesty would have gone a long way!! Instead of playing poker in a gun slinging cigar smoked room.... Think about it!!

    Yeah this will be a great project in the end, but for who?!
    Ask yourself that one??

    GLTAH!!
 
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