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70.0¢ mallee resources limited

agree they certainly put the option holders to the sword by...

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Dsb66

53 Posts.

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08/10/20

10:35

Post #: 47934956
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Originally posted by Protagonist: ↑

Yeh, in retrospect those comments made by the CEO a couple of weeks ago about the SP soon to be much higher (released via the ASX as a Market Sensitive announcement, no less lol) appear to have been designed to goose up the SP as a prelude to a CR.

This was a cynical and opportunistic ploy. I know this sort of stuff happens regularly at this end of the market, but imho it just emphasises the importance of treading warily with this company and take any assurances offered by management with an *added* grain of salt.

Project might be a winner. But management group don't see the retail end of the share registry as fellow travellers.

Anyway, hopefully the POS will come to the rescue.

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agree they certainly put the option holders to the sword by sucking all of the oxygen out of the room by making no announcement or doing any good media as expiry approached last December 2019

MYL Price at posting: 9.0¢ Sentiment: Hold Disclosure: Held
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