What a joke, surely this is the definition of a conflict of interest. Jay and his COO wife take $1.5m+ out of the business in wages and shares over the years then basically get given DCF with all the assets and goodwill.
Am I reading this complicated and woefully structured deal right. No full cash payment to us for 5 years!!! Only $500k cash paid to WOA in 3 years! They should admit DCF is worth nothing as writing it off would cost less than making this mess of a deal work out in legal costs alone..
Ann: WOA signs binding MOU with Jay Albany for sale of DCF, page-5
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $4.803M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $1.213K | 121.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2369973 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1411701 | 4 |
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| Last trade - 12.21pm 15/11/2024 (20 minute delay) ? |
| WOA (ASX) Chart |