AUL
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0.00% 28.5¢ austar gold limited

Wrong.A Standby Subscription Agreement is dilution. It's an...

  1. l3xm4rk
    2,403 Posts.
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    12/07/12
    08:44
    Post #: 10423854
    Wrong.

    A Standby Subscription Agreement is dilution. It's an agreement, on standby, to subscribe for shares in the future. They get a 10% discount to the SP when Mantle decides to draw down.

    Facts are useful.
    MNM Price at posting: 13.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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