I believe this is a positive move. This time, Povey backed his words by providing capital to the company, which demonstrates confidence. The board has decided that Povey is now a better option than keeping Rosenstreich, especially considering the share price performance under his leadership. How many shares did Rosenstreich buy? Not much. Povey, on the other hand, has invested a significant amount into the company, clearly believing it is worth more than 0.005c. He seems like someone who is aiming for a good return—and sooner rather than later. Let's hope I'm right!
Ann: Implementation Agreement and Proportional Takeover Update, page-9
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Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $3.364M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.1¢ | $1.169K | 589.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 90 | 195388981 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 32922137 | 21 |
View Market Depth
| Last trade - 14.21pm 21/07/2025 (20 minute delay) ? |
| HLX (ASX) Chart |