No big mystery except management greed - read the Annual GM notice and see the performance hurdles for allocating performance (aka free) shares to MGMT.
Share price at 31st Dec 2023 - 69 cents - 100% of allocation
- 61 cents - 50% of allocation
So management reckons if shareprice reaches 69 cents in 2.75 years from now - they have done a stellar job!!
Market participants are not that stupid!!
New Marketing Campaign, page-8
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Last
12.5¢ |
Change
-0.015(10.7%) |
Mkt cap ! $52.27M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $684 | 5.469K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18994 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 773188 | 6 |
View Market Depth
| Last trade - 15.19pm 23/08/2024 (20 minute delay) ? |
| VMT (ASX) Chart |