The Directors track record with options as shonky ,,,imo.
If they are not 'in the money' or even close ,,,, they cancel them .... as demonstrated in 2005...imo.
Fox Davies sp target rebuction by 70% speaks volumes ... they are indicating they have been misled on pricing ... and Feldspar at USD38/t in now uneconomic .... thats about the price of seafreighting the stuff!
I expect GIP will need to look elsewhere for broker support and placement funding now ..... ever decreasing circles ... wonder why we didnt get a shareholder alert on the SP downgrade?? (not that i am a shareholder any longer but still get 'spammed' with Jacks comical releases...imo)
Far from being a potential 'multi-bagger' this now is 'all-downside and no upside whichever way you look at it ....imo.
SALTY
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Price($) | Vol. | No. |
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