The problem is when chairmans and MDs have a significant amount of holdings then they tend to treat it like their own private companies rather than ASX listed companies.
I see this problem all throughout the ASX. It can be an advantage with the top dogs owning a lot of shares but when they have little to no experience of running ASX listed companies successfully then the company tends to be treated like a private entity.
Do I believe the company is severely undervalued? Yes definitely
As the saying goes, every dog has it's day.
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.755M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4353842 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2120065 | 10 |
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| Last trade - 07.00am 01/08/2025 (20 minute delay) ? |
| BMG (ASX) Chart |
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