"DIRECTOR has $1m of HIS own money INVESTED"
Did he tell you? or did you work it out?
Two announcements released on the 5/11/20 show - Ahmad with 1,515,036 shares (from Top 20) 1,600,974 (Initial director notice)??
Since Ahmad's "Becoming a Substantial Holder" notice was released with his holding at 3,046,346 shares = 5.25%, with (my calcs) recent buying and conversion of loans to shares, Ahmad has 4,056,841 shares - 7%, under section 671b of the Corporations Act, he should have released a "Change in Substantial Holding" notice when he increased ownership by 1%.
Your close, he has invested circa $940k into WFE/PF1 - he has received circa $140k for lead arranger fees prior to becoming a director.
Kudo's to him, but he did have over a 1/3 ($317K) of that invested in WFE and his initial "Becoming a Substantial Holder" notice was only 2 weeks before Brewer came on board, join the dots, eh?
I did note your comments to another poster:
"GOT ripped a NEW one by JASON B and sold his PF1 shares for peanuts now wants everyone to hurt LOL"
"YOU can't hack old MANAGEMENT scammed you guys?"
Does that mean Sufian Ahmad was scammed too? - considering, he INCREASED his substantial holding by participating in the Capital Raise for the DRC Cobalt acquisition.
join the dots ....... SMH
cheers
- Forums
- ASX - By Stock
- Got a call from the Managing Director
"DIRECTOR has $1m of HIS own money INVESTED" Did he tell you? or...
-
- There are more pages in this discussion • 79 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BM8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.23M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 157385 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 90000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 157385 | 0.100 |
1 | 50000 | 0.099 |
1 | 50000 | 0.096 |
1 | 15000 | 0.095 |
1 | 33330 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 90000 | 1 |
0.110 | 1500 | 1 |
0.115 | 41477 | 1 |
0.125 | 19730 | 2 |
0.130 | 69999 | 1 |
Last trade - 09.59am 21/10/2024 (20 minute delay) ? |
Featured News
BM8 (ASX) Chart |
Day chart unavailable
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online