AUL 0.00% 28.5¢ austar gold limited

" if IK tried to sell his holding he would lose a few million...

  1. 4,255 Posts.
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    " if IK tried to sell his holding he would lose a few million dollars at a blink, and I'd also like to know how many of those shares he has paid for himself, not the bonus ones he receives every year, like monopoly money at the dilution of existing shareholders."

    Simon The statement above is not very accurate IMO

    Firstly

    Blakeman as far as I recall holds about 22-25 million shares..Blakemen has purchased more shares the past few years and even paid up to 20 cents per share last year..

    Ian Kraemer holds about 1.2 million shares

    None of the management get any free shares, they take shares for fees in preference to cash...

    Its very late and I don't have the energy to attach all the actual figures but the best part about MNM is all management pay for their shares just like you and me....no freebies like most small caps...

    dyor






 
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