Not if the current directors don't sell.
Think they own around 13%
Then even your mate ikey conceded that we on HC may own up to 25M, including my 425K. 25M would be say 5% even if its 2.5%. How are they going to acquire the last 15%?
AS long as current directors don't sell Beach won't get to the magical 90%.
For CGT purposes I will not sell before the 16th Dec and that is only 150K shares and another 150K on the 24Dec.
I may sell 150K shares on the 20th DEc and keep the money in my pocket awaiting for some Cap raising to top up again.
Do you think Beach are prepared to pay .20c now cause they know it’s going to be a lot more and is worth a lot more.
You telling me they are paying .20c a share because they think it’s worth less?
Bottom line Champ it’s my money and I'll do as I please not what some anonymous keyboard hero tells me what to do.
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