Yes, that was the way I read it. 25% can be issued. Very sensible to get that organised for the forthcoming year considering the work programme. Gives the company room to move either way, if the flow results are good or bad. So, on balance shouldn't be taken as a negative. ie it could be a dilution on our holdings,if used up, but if the price goes up, then they can raise much more $. They can presumably also allocate to another company as well. So, has to be taken as prudent managementship.Surely?
More worrying is the recent trading action. Someone in the know? Again.
Do we know who owns wot shares? Where is the most recent listings. Anyone know? DGR used to own 25%? So who owns the other 75%?
dw
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Yes, that was the way I read it. 25% can be issued. Very...
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