AMD 16.7% 0.3¢ arrow minerals ltd

SEG, page-57

  1. 5,166 Posts.
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    @mr_delta

    With all due respect - pure speculation on your behalf IMHO.

    I happened to be speaking to SEG Management post the 0.6 daily high today.
    The company does not know who the buyer was today. No doubt whoever picked up 75 m shares, will appear on the share register late in the week.

    SEG's focus is on drilling starting later this month.

    We also have an SPP at 0.3. Shareholders have 3 options really;

    1. BUY additional on market
    2. Sit on their existing holding
    or
    3. Take up the SPP offer and enjoy the 2 for one FREE options with a strike price of 1.0c

    I need to find some cash, as I am quite partial to FREE options, and happy to average down given the pending activities. Furthermore - I was fortunate enough to view the 3-D Gravity data a month or so ago. I am no geo, however I am in!

    Regards

    Gracie
 
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