It dosn’t matter if it’s Sprott or anyone else, the share confetti give away is the problem as it has created an even bigger institutional overhang and the value dilution can not be reversed now. The EV of the company has increased but the share price has gone down, that is not how regular shareholders benefit, that’s how they lose out.
When I get time I’m going to review the last directors option give away announcement to see if they fully protected themselves from the dilution they might have known was coming.
Yawn, yawn, yawn, banksters in control, SP can’t react to good news or a rising gold price. We have been stitched up by the smiling assassin and can only hope for the inevitable TO so we can put this sad saga to an end.
Hope the B2 Gold premium for WAF is better than the 20.6% premium to the last closing price offered offered for Papillon.
Great project botched by greed. Esh
Ann: Share Purchase Plan Offer Document, page-85
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Last
$1.50 |
Change
0.015(1.01%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.51 | $1.49 | $3.699M | 2.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12485 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 132100 | 7 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| WAF (ASX) Chart |
