Who remembers this tidy little transaction from a year ago?
David James Wall Date of change 17 May 2016
Number acquired 2,000,000
Number disposed Nil
Value $75,000
No. of securities held prior to change Indirect (David James Wall ) 7,979,166
Fully paid ordinary shares 1,375,000
Listed Options exercisable at $0.02 on or before 2 March 2018 25,000,000
Unlisted Options exercisable at $0.015 on or before 18 February 2018 40,000,000
Unlisted Options exercisable at $0.021 on or before 1 November 2018
I've been scratching my head over this one for about a year now. Now, prior to purchasing these extra 2 million heads, if 88E are successful and go to $1 Wall basically has $75m + worth of 88E shares.
If they are unsuccessful, they prob go to 0 and his investment like ours is worth 0.
With the extra 2m shares, he now get's $77m worth off 88E shares or $0 if we bomb out. Plus he's $75k out of pocket.
With salary and bonus shares that has now increased to around 100m shares.
That to me shows confidence that shareholders can take into this drill. Not a sure thing, but confidence.
Who remembers this tidy little transaction from a year ago?...
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Change
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Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $44.46K | 35.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 307 | 1199858941 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 151348045 | 29 |
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