Interesting,7 Jun 2018 12:51
that's very interesting, said Captain Jack Sparrow in Pirates of the Caribbean. Also very interesting i think is the fact that all the major shareholders continue to hold all their shares in these lean times for URU. Placing of 11,888,888 @ 4.5p (JZ,s legendary alluded to floor price) on 13/2/2017.
Niketo subscribed for 2,000,000.
John Zorbas subscribed for 1,111,111.
Jay Viera subscribed for 444,444.
Placing of 171,111,110 @ O.45p on 9/1/2017.
Niketo subscribed for 24,444,444.
John Zorbas subscribed for 3,333,333.
David Subotic subscribed for 3,333,333.
Placing of 160,000,000 @ O.4p on 22/11/2016.
Niketo subscribed for 20,000,000.
John Zorbas subscribed for 12,500,000.
David Subotic subscribed for 12,500,000.
Placing of 100,000,000 @ 0.4p on 30/10/ 2015.
John Zorbas subscribed for 5,000,000.
David Subotic subscribed for 5,000,000.
On top of all these placings options were excercised @ 2p by,
John Zorbas - 3,000,000.
David Subotic - 3,000,000.
Jay Viera - 3,000,000.
Other options (30,300,000) were awarded on 19/4 2017 to be exercised @ 6p and 9p respectively.
John Zorbas 5,000,000 and 5,000,000.
David Subotic 2,600,000 and 2,600,000.
Jay Viera 2,600,000 and 2,600,000.
Henry Kloepper 1,000,000 and 1,000,000.
Advisors and contractors 3,950,000 and 3,950,000.
The whole point is, does anyone actually believe that JZ is willing to let this go on unfavourable terms and take a financial hit given all his and his chums heavy involvement here!. Also all the closely tied transactions held through related parties by directorship and associated companies. Who would do that?. Can't see it myself. Hence, a part of the case to hold until whatever is going on becomes apparent. Jeez, that was like a mini project. :o).