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Below - Date, placing price, shares in issue following placing:-
28/6/19 0.15 1,352,723,274
4/9/20 0.55 2,633,718,222
4/11/21 0.85 3,900,781,625
8/9/22 0.50 5,062,336,801
31/8/23 0.20 6,335,439,174
6,335 m divided by 1,118 m ( No. in issue prior to 28/6/19 placing ) x 5.66 more shares in issue.
28/6/19 RNS "The placing was at a 7.14% premium to the closing price of 0.14 pence per share on 27 June 2019"
31/8/23 RNS "The Placing Price represents a discount of approximately 29 per cent. to the Closing Price of 0.28 pence per Common Share on 8 August 2023"
The last placing would suggest we are running out of options for another placing, but never say never. Would be happy to see IOCA sold off.
"AASB, FRC, and presumably using IAS ( IFRS )" the average guy here has no idea what these are.
"the Black-Scholes model of share warrants and share performance payement" Ditto
"Windfield Metals Pty" Nobody here knows who they are. Seem to be in Hong Kong, owned by? DYOR
" I for one intend to benefit from all those expired warrants and expired share based payments" How does that work, nothing paid, nothing received,is a nil sum non event.
Remember this is the guy who wanted you to join his 5000+ group ( of friends) for a fee, get real folks.
D
Try this one even older - but interesting how the familiar names overlap.
Gravner now called Gilmore Capital. Mick brother of Richard
https://www.theage.com.au/business/mums-the-word-for-minchins-share-buying-20091013-gvoq.html
Scroll down to ' the right address'
"Onto the scene bounds Richard Shemesian, a major backer of the reinvigorated Alien, and a man whom London investors may remember from the last mining boom, when he helped turn a lowly-rated iron ore Aim and ASX-listed vehicle called Aztec Resources into a A$300mln company that was able to sell out to the Chinese at just the right time."
https://www.proactiveinvestors.co.uk/companies/news/905226/a-reinvigorated-alien-metals-is-all-set-to-become-the-markets-next-multi-million-dollar-prospect-generator-905226.html
All we know for sure is Miracle are buying up DSO parts of companies. Whether the 27th Dec. date is a coincidence or the result of some discussion/offer outcome we don't know. Brockman is the huge prospect, but we've done nothing with it, not sure how you would put a true value on it.