Another thought:
what if they took this as a signal that shareholders preferred for the company not to be sold? Wouldn't it suggest that shareholders thought management's focus should be on building a licencing company... In that case following this year's AGM, management would then out their focus on generating licencing revenue.
With each licencing deal they sign, sure they increase the value of the company, but they decrease the likelihood that some big tech company will want to buy the whole outfit... Who would want to own tech that you have to share with competitors because of existing licencing agreements?
im not saying that's a bad outcome. I'm young enough and hold enough shares that a long tail divvy stock would be an amazing financial outcome.
im just highlighting that it's possible that removing the SBP almost guarantees management pivots their focus away from what I understood most people on here wanted (which was a quicker sale for squillions of dollars).
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.52M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.5¢ | $58.00K | 2.231M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 4996507 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 535614 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 4996507 | 0.025 |
25 | 5157043 | 0.024 |
18 | 4414201 | 0.023 |
10 | 6406936 | 0.022 |
12 | 1384332 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 535614 | 5 |
0.027 | 1834206 | 12 |
0.028 | 1352973 | 8 |
0.029 | 677592 | 6 |
0.030 | 560640 | 8 |
Last trade - 11.54am 24/06/2025 (20 minute delay) ? |
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4DS (ASX) Chart |