one downside (disappointing may be a better word) of RNU is that the company/directors don't have much skin in the game at all.
This is an unrealistic example, but look at a stock like MAD. Luke currently owns 52% of the shares and that's after selling a bunch just last month. Don't think their SOI has increased since inception either.
Bill owning 18% of DVP might be a more suitable example. Bloke stumps up which gives all investors confidence.
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Last
8.7¢ |
Change
-0.002(2.25%) |
Mkt cap ! $221.1M | |||
| Open | High | Low | Value | Volume |
| 8.7¢ | 8.9¢ | 8.6¢ | $170.5K | 1.958M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 371941 | 8.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 191005 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| RNU (ASX) Chart |