SI6 16.7% 0.3¢ si6 metals limited

So if 300mil where issued... and the offer was a 1 for 1...

  1. 126 Posts.
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    So if 300mil where issued... and the offer was a 1 for 1 piggyback option, then help me explain this...
    Below screen shot from the recent SI6OF announcement
    https://hotcopper.com.au/data/attachments/5517/5517763-7fa9afaf65c44dc5aa23f27e1f1fff87.jpg
    https://hotcopper.com.au/data/attachments/5517/5517766-2562acd1e1441e8de28dc34e6ea822c5.jpg
    why was only 158mil options total issued???
    I would guess that the top two holders are the ones dumping... and majority of the other holders, are actual holders and keeping their shares.
    So that would be roughly 45 mil... so i think they are nearly out of bullets, but time will tell.
    We where close to pushing through past 0.008 into 0.009c territory.
    Won't be long now... and should be good news flow through till the end of the year and early next year.
    We got money, now lets go spend it!
 
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