ANW 0.00% 0.1¢ aus tin mining ltd

Ann: Quarterly Activities Report, page-197

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  1. 219 Posts.
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    Yeah really just starting to get the impression that ANW couldn't care less what price Lind convert at.

    In reality Lind have done enough damage now that they can probably drag this out as long as they want because no one is buying with any confidence until they convert. So they will probably just let this go for the next 12 months or so. Why convert on 20th Feb? Its not like ANW are doing anything that will lift the share price and cause them to miss out. Even if ANW do announce something to get the price up, Lind will just start selling again and push the price back down again before converting, basically they have ANW by the balls. The only way ANW can hurt them is to accumulate enough cash to pay them out, which seems a long way off.
 
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