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20.5¢ raptor resources limited

rap chart, page-3676

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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sekali

45 Posts.

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25/08/20

19:01

Post #: 46810227
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Originally posted by pilko3: ↑

If they are entitled to another 10 Miliion shares the difference between 11 cents (are the shares weighted against the current price average or are they entitled to 11 cents again?) and say 16 cents if the average RAP SP was 20 cents (where it should be at least) then they make $500,000 more on their earnings in the form of shares. Meaning they get them at 11 cents again as someone is holding the SP in this low range...because of that AVANTI will pick up (say) a $500,000 bonus as they will get around 3,000,000 shares more at this low average SP than they would if the average was 20 cents a share for RAP. Nice work if you can get it...I reckon RAP should vary the agreement and pay them out in cash equivalent forget the shares as payment. FM!

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Where do you get the 10 million number from?
RAP agreed to pay them 4,773,068 shares, did I miss an announcement?

RAP Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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