AUZ 7.69% 1.2¢ australian mines limited

Bergen, page-19

  1. 1,795 Posts.
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    There maybe a co-relation between Bergen funding, and SP going down in some of their investments, but let us keep in mind that:
    1) Burgen get no interest on their investment
    2) Dilution happens 2 years after tranche is released
    3) The only way Burgen make money is when SP is higher than their share conversion price.

    Who in their right mind would think that Burgen are here only to screw the SP when in fact they are hoping for SP to go as high as it possibly can (albeit also hoping for a low conversion price). With positive news, conversion price bound to be higher.
    Even thinking from Burgen's own selfish point of view, once conversion price is determined, they are also hoping that SP is as high as it can possibly can in the long term to get the max returns.

    There are several trolls on this forum, who are trying to scare investors saying all kinds of rubbish and down ramping things. These guys get some form of evil - sadistic pleasure in scaremongering. To them I would say that in life, if you do such things, these are sure to come back to bite you, and this karma can come and hit you personally in many different ways in life.
    GLTA
    Last edited by boc1986: 14/09/18
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