"Simple the company is force to getting bought out since it no longer can keep up the promise it had offered to its sponsors if it no longer has the funds to continue the sponsor with the highest amount of shares has the options to buy out this company which has delivered a amazing product but unfortunately with the money and time it has took to produce it the original owners no longer have the foundation to make it grow..."
FinX, if by 'sponsor' you mean shareholder, then what you have writen is factual incorrect as I understand it. Being the largest shareholder on a register does not give you any preferential treatment in adminstration over any other shareholder.
Kiril.
I hold.
today tonight!!!!, page-56
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Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $93.67M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $265.3K | 2.456M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11766 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 336976 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CAI (ASX) Chart |