By my figures, the on market buys ave at 36c, they paid 22c for the chung's shares, so the ave entry for this lot at 25.5c, close to the 25c they are paying into the placement.
AGM could be interesting. There's some strong and vocal personalities involved. I can imagine former scrap dealers who swapped businesses for high priced script are not happy, especially if they can't get out like the chungs have.
If you take out scholtz's buys, other than oilleak's mate, who has been buying in the past 4 months?
By my figures, the on market buys ave at 36c, they paid 22c for...
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