ARL 5.21% 50.5¢ ardea resources limited

I bet management wished the AGM was gone already... Performance...

  1. 1,645 Posts.
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    I bet management wished the AGM was gone already... Performance B rights would be in the bag, now as we grow in SP it will make it a larger and larger SP movement to obtain the 50% gain.
    Anyway, still early days, i cant see ARL not reaching this little milestone for managements benefit... and of course ours Sometime shortly after AGM and shareholder approval.


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    Class ‘B’ Related Party Performance Rights: upon: (A) the Company’s Shares reaching a 30 day VWAP which is equal to or greater than the price which is 50% higher than the 5 day VWAP on the date of obtaining Shareholder approval
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