Directors making ground as other shareholders become diluted. At the end of the day the market cap will set the share price, my fear is that even with a billion dollar market cap, the share price would not be much higher than today, possibly 15 cents. if we keep increasing shares ie printing money it will only have a negative impact on existing shareholders.
While directors maintain their percentage we have no choice.
In a consolidation the directors get their percentage and possibly new incentive shares in the future, more dilution.
Welcome to the Australian stock market game. Its the system , its a legal way for a few individuates to make a good salary plus acquire a share holding at no cost. For most of us one would think that $500,000 would be more than enough for a comfortable life style. Surly they could buy off market with some of the spare cash and without a diluting our registry.
400 million shares on the register when i bought in and now heading to 4 billion shares , my share holding has been diluted by a factor of 10, so much for being a loyal shareholder, haven't seen any rights issues or options offered to us shareholders.
Chass
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $44.81M |
Open | High | Low | Value | Volume |
48.0¢ | 50.0¢ | 48.0¢ | $13.82K | 28.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 27426 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 5301 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 27426 | 0.480 |
1 | 40000 | 0.475 |
2 | 78150 | 0.470 |
3 | 160000 | 0.465 |
1 | 30000 | 0.460 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 5301 | 3 |
0.495 | 11711 | 1 |
0.500 | 23021 | 5 |
0.520 | 25000 | 1 |
0.530 | 10000 | 1 |
Last trade - 14.41pm 26/06/2024 (20 minute delay) ? |
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