AZZ 0.00% $7.50 antares energy limited

relisting and share purchase plan announced, page-4

  1. 6,389 Posts.
    Wow!

    Now you get a 40 million share increase for the big boys and a max of 8 million shares for the rest of the AZZ holders.

    Do you really think that each AZZ holder wll be able to get $A15,000 or 60,000 shares of AZZ each?

    With the 40 million shares added to the 184 million out you get 224 million and the ordinary 'scum' will get to add - WOW a whole 8 million shares!!!

    Less than 5% of the previous outstanding shares and about 3% of the total new shares....

    You been done diluted down the toilet. And that is if you get the whole $15k which you won't.

    If you have a few shares and the price stays above 25 cents you might do ok. If you have a big holding .....well....welcome to the tank.

    And for the $A10 million you'll get maybe TWO wells, if that, drilled for the dilution.

    Oh and I forgot the free HYPE!!!!!

    Hey maybe I should buy some shares so I can get on the AZZ dilution bandwagon!!!!

 
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Currently unlisted public company.

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