that is what will happen for sure imo
look at any other stock where directors issued shares at a discount to the prevailing price
the market sends the shares back to that issue price
that way everyone gets the discount
serves them right
or was it the holders got it wrong sending them up to .069 ??
look at gdy, trading at 2.20 on a spike, then issued shares at 1.55, then a spp for investors
I said on this site it would head back to 1.55 and got howled down
where are they now about 1.70
plenty of other examples
out there
read the red stuff below
- Forums
- ASX - By Stock
- JUM
- back to .04 same as new issue
JUM
unknown
back to .04 same as new issue
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