I suspect that institutions are using the goodwill and loyalty of management towards retail investors against management when it comes to the loyalty options matter.
Remember that a very high percentage of the holding in ARL was retail at the time.
The best and most effective strategy against the loyalty options and their consequential dilution is to ensure most do not get exercised.
You be the judge.
RED
Pertinent market/industry news/articles, page-14
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $79.87M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.5¢ | $17.98K | 46.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76960 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 72533 | 3 |
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| Last trade - 14.08pm 08/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |