BIG 0.00% $2.22 burrendong minerals limited

boardroom radio presentation, page-5

  1. 56,679 Posts.
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    I think he just realised in July....that "boardroom presentations" exist. IMO, thery have set a record and it will be ongoing....2.5c is the key. They appear to be charlotans IMO on how they have dealt with the non renouncables/free options and the allotment of options to themselves at an exercise price at 25% with a date of 3 years from the GM.........c'mon. It is a disgrace IMHO, and thre largest "Chinese/Malaysian" investor hold under 5%....then you have some that have bought $30K at a 15% discount to what you can pay for. Even their secretary is receiving 5m of options at the same rate??...after 2 years of service with a company that has completely failed and is now well below the IPO price?? 20c?

    Non renouncables at (from memory 1.3c) and free 2:1 options? With a company that will never produce IMO and compare themselves to Vital? It is IMO an ugly precedent. We all know who is Zeus...director resignations etc.

    Can't anyone else see what is going on apart from me?

    I am amazed.
 
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