SVL 4.41% 17.8¢ silver mines limited

Well - on 27 Nov 2020, shareholders voted unanimously that the...

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    Well - on 27 Nov 2020, shareholders voted unanimously that the CEO would receive 10,000,000 fully paid Ord shares on the proviso that two things occur prior to 27 Nov 22:

    1. that the mining lease is granted by NSW Government; or
    2. a takeover bid pursuant of Section 9.

    I can assure you that he will not want to lose this kind of payday (currently $2M) on top of his already held shares
    So, my gut tells me that the insiders will push this share as they see fit just prior to approval or takeover at a price that the insiders are happy with

    DYOR
 
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17.8¢
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17.5¢ 18.0¢ 17.3¢ $92.6K 524.3K

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14 310677 17.5¢
 

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Price($) Vol. No.
18.0¢ 4936128 49
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Last trade - 12.09pm 08/05/2024 (20 minute delay) ?
Last
17.8¢
  Change
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