It is interesting point though, assuming need say $700m mkt cap to hit that ASX 300 target.... Will need acquisitions to get there.
circa $100m mkt cap currently, and double share count (i.e. scrip based acquisitions) and double share price gets him to $400m... So would need to triple the share price to get close... So thats about $1. and he'd get $15m of stock. So that's a fair bit of incentive from MGMT to light a couple of rockets under the SP... Sitting back with the popcorn and watching big Joe have a crack.
It is interesting point though, assuming need say $700m mkt cap...
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $48.52M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $21.95K | 145.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 6187190 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1707190 | 22 |
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