One trick AZG is known to use is getting purchase invoices issued so it is booked as a sale, he gets extended payment terms so he doesn’t actually need to pay yet. Then after some time when AZG is unable to sell the stocks, it will be returned and destroyed at production value. He still collects marketing funds because the sales was booked. However, this eventually will catch up as actual sales $$ do not return back into company bank account.
Ann: Becoming a substantial holder, page-70
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.5¢ | $270.8K | 2.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29997 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 150290 | 9 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| BUB (ASX) Chart |