EAR 0.75% 33.3¢ echo resources limited

Ann: Resignation of Director, page-45

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  1. 6,287 Posts.
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    Yeah ... now if you were likely to be one of the funders getting the SP down to these levels will certainly give you a much bigger chunk of the pie ..(If this was the plan Mgmt have put down?)

    Now surely if NST were happy to BUY up 19% of EAR at triple the SP they won't be too keen on a lender diluting them down at these levels ...so surely we will see either NST having a crack for a controlling stake 51% or the lot ? or lending the funds via Convertable notes (and have been the ones using brokers to pressure the SP ?)

    I certainly blame EAR mgmt for the SP dive... they should have been working on funding / lending long ago pre DFS
 
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