AYN 0.00% 0.1¢ alcyone resources ltd

PK,I doubt Celtic is unaware of the potential as they still hold...

  1. 132 Posts.
    PK,

    I doubt Celtic is unaware of the potential as they still hold 400M shares ( no new notices of changed holdings) !.
    It appears at the moment they have only sold off enough to recover the $700,000 they spent in the SPP . Of course they also get the bridging loans back from the cash of the SPP so it's all free carry from here !

    They also are providing a $10M equity placement facility going forward that AYN can draw on ( paying only 85% of 5 day VWAP or less ) , so it seems they may have seen the opportunity to keep making money out of AYN . I just hope theres some left for the rest of us ...
 
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Currently unlisted public company.

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