After reading this thread I went back to the announcement and am relieved that the cap is 3c not 0.3c as I first read it. This now reads a lot better than what I thought. Clearly La Jolla only make good money if the share price goes up, so it is an endorsement of the business model. Given the volume of this stock the 15% discount is going to be nothing if they have to unload a heap of shares.
I actually think it is the best we could have hoped for, in lieu of a miraculous front loaded contract.
- Forums
- ASX - By Stock
- waiting for the first drawdown
After reading this thread I went back to the announcement and am...
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DMC (ASX) to my watchlist
(20min delay)
|
|||||
Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DMC (ASX) Chart |
Day chart unavailable
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online