IBX 5.00% 3.8¢ imagion biosystems limited

Interesting, page-585

  1. 725 Posts.
    lightbulb Created with Sketch. 220
    Firstly it sends a very strong message to market that you have the confidence in what you're asking others to believe.
    One upside of that is a stronger share price that could have halved or even better protected against the ridiculous dilution that took place in the last CR.
    Directors and Execs buying shares is a fundamental market indicator of confidence sought by investors everywhere.
    Long held investors who's money has been used to pay these salaries for 3 years were thrown under the bus in the last CR by some very amateurish decisions.
    I agree that them taking shares rather than cash for salaries is far from ideal.
    The journey to date has also been far from ideal and the pain felt by investors could be shared in this critical time.
    An announcement of this nature would increase the SP.
    That's not too painful for those being paid in shares.
 
watchlist Created with Sketch. Add IBX (ASX) to my watchlist
(20min delay)
Last
3.8¢
Change
-0.002(5.00%)
Mkt cap ! $1.329M
Open High Low Value Volume
4.0¢ 4.4¢ 3.8¢ $1.204K 30.03K

Buyers (Bids)

No. Vol. Price($)
2 16942 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 666 2
View Market Depth
Last trade - 15.59pm 16/08/2024 (20 minute delay) ?
IBX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.