NML 0.00% 1.9¢ navarre minerals limited

Ann: Trading Halt, page-34

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,343 Posts.
    lightbulb Created with Sketch. 1301
    Agree with your sentiment upto a point. Certainly some gilding of the lily in respect of the SI placement being 11% under the VWAP but if the VWAP had been based say over a somewhat longer period, before the price manipulation downwards, that discount would be much more than 11%. Anyway, whats done is done, but certainly not forgotten. The issue now is the BOD getting the benefit of this same low SI price. I would much prefer the BOD were allocated options say with a 10 - 12c expiry, a somewhat more reasonable proposition I would have thought.
 
watchlist Created with Sketch. Add NML (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.