well I heard 10c and I didn't even believe that....(sorry to that person but I just can't). Very few people would've paid that IMO...especially considering in the original float of AGU people like Quinn paid 1c I believe....and that was a lot compared to DS' closest.....now why on earth would you average UP by over 10 TIMES what you originally paid to get in?.....the answer is "you wouldn't!"
when Amitan was announced the AGU shareprice was barely 7c.
based on 60 Million shares for Amitan @ 12.5c each thats a whopping $7.5 Million raised.....I doubt that...even if you take out 20M shares DS didn't pay for, that still $4.5M and it's just bull. Tiktak...I certainly wouldn't believe everything you hear.
On the other hand...your theory about it going nowhere until DS is long gone is one I share. I'd like to know how many YRR oppies they still hold. I'd like to know how many shares just moved sideways into friendly hands....remember there has been no disclosure for GPN and not even a mention from YRR itself about their holding.
Cancelling the original 19M issued for Amitan would be a good start.
- Forums
- ASX - By Stock
- letter to amitan shareholders
well I heard 10c and I didn't even believe that....(sorry to...
-
- There are more pages in this discussion • 4 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 AGU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online