I hear you. If they had faith they would not be sellers by it, period. This has been a huge slap in the face for long term shareholders and for analysts that supported its growth outlook. The company raised money at $3.05 a share and the CEO was granted millions of dollars of value in performance rights at no cost.
Shareholders have lost hundreds of millions of value.
You don’t do this to shareholders and expect shareholders to not react. There will be a firm response. Reputations have been trashed here.
Reputational damage done, page-11
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10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.80M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $118.9K | 1.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2278284 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 94865 | 8 |
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