4DS 1.32% 7.7¢ 4ds memory limited

AGM Questions, page-161

  1. 235 Posts.
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    I think some explanation is required here.

    The $4/share comment made by Howard - he was answering a concern that the company could be bought out for peanuts by someone buying on market and the BoD only having 8% of the share register. So he suggested that if someone tried to buy a substantial holding on-market, then the SP would rise significantly. He then suggested that it could be $4/share if that happened.

    He wasn't suggesting that 4DS could be sold for $4/share.
 
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