No obligation but the company will not be seeking funding until 2017 if at all should the milestones play out.
Also one director openly stated that he always buys shares of companies he is a part of. There are some large sellers eager to get out and the AGM pump saw sellers appear instantly so the liquidity will quickly appear once buying starts.
There is no liquidity if you want to sell first without buyers as we have seen today.
So yes there is no obligation but if they want to own stock what are they waiting for? One of the new directors could even buy out ANP judging by his holding in his other billion dollar company.
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Price Manipulation, page-31
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Last
7.8¢ |
Change
-0.003(3.70%) |
Mkt cap ! $82.67M |
Open | High | Low | Value | Volume |
8.1¢ | 8.1¢ | 7.8¢ | $215.5K | 2.715M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 137820 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 319232 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 137820 | 0.078 |
4 | 308042 | 0.077 |
4 | 296000 | 0.076 |
6 | 732416 | 0.075 |
2 | 20313 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 319232 | 3 |
0.081 | 188810 | 1 |
0.082 | 183268 | 1 |
0.083 | 37500 | 1 |
0.085 | 225000 | 1 |
Last trade - 15.59pm 19/11/2024 (20 minute delay) ? |
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PER (ASX) Chart |