AUR 0.00% 0.7¢ auris minerals limited

Hi A-Team,What had been put to me was that only the existing...

  1. 51 Posts.
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    Hi A-Team,

    What had been put to me was that only the existing shareholder entitlement got the free option.

    If all the placement shares got the option it would have to be no brainer that a lot of them will sell, recover thier cost price and keep the free option.

    I guess that most of us are still in the dark. In any case there is likely to be substantial overhang in the stock.

    I wait to be pleasantly surprised. Even if my worst fears are not realised the company's actions regarding this placement/issue are very hard to understand when you would think that the directors prime concern should be to protect the interests of shareholders.
 
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