What I also like is that it aligns incentives on cost, efficiency and quality between management and ausdrill. I'm happy to conserve cash at this stage.
I do wonder if this opens us up to downward manipulation near the invoice dates (so that ausdrill would get more shares). Has anyone seen this in action before or does the 30 day vwap largely negate this? Plus side would be further buying opportunities!
Ann: AUSDRILL BACKS PRIMARY GOLD VIA DRILLING FOR EQUITY PROGRAM,ASL-PGO.AX, page-3
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