CAV 0.00% 0.4¢ carnavale resources limited

General.discussion, page-1053

  1. 12,830 Posts.
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    I think if anyone ' in the know ' knew , you'd be seeing a lot more selling already. Especially since the monies there to be taken from the recent cap raise issue price. Especially given the General Meeting is one week from today and they are seeking ratification of prior options issues to Directors of 45 million at .008 cents or 25% of 5 day VWAP at date of issue ......, and another 68.5 million Broker options at .007 cents.

    We haven't seen anything converted yet on either of those 2 issues which are seemingly ' right in the money ' where we've been statically trading these past few weeks. So there's another $835,500 into the bank if they do the job here in ratcheting up the share price.

    So I reckon another week and then a few more after that , we'ell be definitely looking at this sort of SP in the rear view mirror.

    Anyway , if you're not happy with the timing ' there's plenty going on elsewhere to get you excited ......biggrin.png
 
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