MLS metals australia ltd

Ann: Appendix 3B, page-4

  1. pbx
    473 Posts.
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    You are having a half-blonde moment. It certainly is not negative.

    39 mil shares generally is not a big number within the context of our huge registry. What the broker's action shows, is that they will probably earn at least a quadruple fee for their services ($156,000=4 X $39,000).

    It shows some faith in the interim SP movement upwards.

    $39,000 is the current value of the options they accepted as payment, at 0.10c each.
    Last time SP passed the 1.0c mark, these options were trading at 0.40c.

    I have had my afternoon beverage.

    Cheers mate and a nice weekend to all.
    Last edited by pbx: 09/03/18
 
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