AAU 0.00% 0.4¢ antilles gold limited

Ann: Trading of Shares from Convertible Notes, page-20

  1. 8,393 Posts.
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    Had con notes not been issued in the first instance, the company or rather the company's shares would not have been so savagely taken advantage of - thus the current scenario is firmly the fault of management. Another expensive distraction the company is now trying to 'deal' with at the expense of shareholders.

    Meanwhile whist sp stuck at these levels will they need another 'small' raise and if so will they need to spend money to rectify the suggested alleged breaches of the con deed?

    @1956 - it's not about 'bagging' management per se but rather realizing that management can and have made bad calls and it's shareholders that are left to see the fruits of such decisions - a drop of 75% in share price in less than a month is not exactly what holders come to expect yet here we are at these low levels. Even a floor price stipulated at 1.5c was dismal would you not say? rolleyes.png
 
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