Although you make a fair point about Turners, that a capital loss of $2 million dollars to them would be insignificant in such a large company, I don't entirely agree.
I think Turners motives for investing in CL8 would have been more than just renting out their own vehicles. I am sure they would wish to prosper from their investment and they need CL8 as a viable entity for back up and support with Carly.
For this reason I believe they would want Carly to be successful and grow.
Also I make the point that even though the fleet operators have a significant holding in the company, Willoughby's are still the major shareholder holding near on 25% of the capital. The fleet operators would find it difficult to restrict Carly in a significant manner. Hopefully this would never happen and the board could work effectively together.
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Although you make a fair point about Turners, that a capital...
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $4.831M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $540 | 30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25880 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 574165 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25880 | 0.017 |
4 | 751312 | 0.016 |
2 | 1033416 | 0.012 |
1 | 50000 | 0.010 |
1 | 100000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 574165 | 1 |
0.019 | 643399 | 2 |
0.020 | 443008 | 3 |
0.021 | 1360000 | 1 |
0.024 | 100000 | 1 |
Last trade - 13.16pm 10/05/2024 (20 minute delay) ? |
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