BLZ 40.0% 0.7¢ blaze minerals limited

Becoming a Matthew Walker Shell, page-35

  1. 1,612 Posts.
    Hi@Jezzy , I was concerned about an extra 70 million shares coming onto the market and pushing the MC up to over 5 million @5c......
    It is better with only 30 million issued and a MC of 3 million @5c........but it still doesn't fit with my shell buy in strategy........recent acquisition announcements have seen those jumping in at too high a MC getting scorched........
    @Green Bull am I right in assuming that the other 40 million shares can still be placed any time at managements discretion?
 
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