''and they only have to pay back the lesser of the market value and the original loan amount which means they’re not out of pocket if the price is less than 3.5c when they pay back the loan''
Yes...that's about as close to a freebie as you can get
Imagine going to a bank and applying for a mortgage to buy a house and the bank tells you you only have to pay back the value of the house if it drops below the loan amount
If these people want to buy shares, let them find the money like we have to and let them take the risk like we have to
Why should shareholder funds be used for this?..it's outrageous in my view
Ann: Application for quotation of securities - ACW, page-9
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.54M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $15.65K | 783.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 868881 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1785641 | 6 |
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| Last trade - 15.57pm 17/06/2025 (20 minute delay) ? |
| ACW (ASX) Chart |