ADN 0.00% 0.8¢ andromeda metals limited

People probably selling now that the date to be an existing...

  1. 332 Posts.
    People probably selling now that the date to be an existing shareholder has basically passed to get a priority allocation. IMO it is better to hold to take advantage of the share allocation of 40 million of the 50 Million Eyre Energy shares ADN will hold after the float. My understanding is these will be issued free to existing shareholders once we pass it at a shareholders meeting. Me personally, would rather get free shares in a company than to buy them in a share float. I work it to be roughly 1 share for each 2 shares held. If anyone thinks it different let us know. Even if float sticks at issue price thats not bad money. Sell now and you zip of that. Plus the future possibility of more Zircon given all the recent discoveries in neighboring properties
 
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