Oily,
CBox when it went into MVH (now MOT) shares were 1.2c. cBox brought profitability into the company and share price increased to 4.00c. Share price in approximately 6 months went to .12c and peaked at 16c. Unfortunately for MVH the so called corporate gurus decided they could now not work but play be your own whiz kid - don't work but charge exhorbitant fees. CBox was expected to carry all the expenses of all the entities and the top heavy corprate staff expenses.
If you took the time to give Wendy Syme a call and find out where CBox is at and where it is going,I believe you would have a better idea why this entity could and would deliver shareholder value.
Profit is why company share prices go up, diluting by cap raising sees SP low. When will the so called geniuses work out that high overheads are destructive, profit disappears and is eaten by the egomanical driven gurus.Running lean and mean and exec salaries tied to profit equals high SP.Isn't it very simple Profit equals success and always will.
IMO DYOR
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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13 | 7475416 | 0.7¢ |
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Price($) | Vol. | No. |
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19 | 11430609 | 0.006 |
14 | 10950000 | 0.005 |
7 | 19000000 | 0.004 |
3 | 850001 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
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0.009 | 3040487 | 6 |
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