Ideally it should be the opposite.
We as shareholders should be owners in a head company that owns all rights and IP. It then also owns a mining company etc, that do the work. If any of these ventures fail, they can be folded safely, maintaining the core.
What we have here is a small group of owners using our dumb money to leverage their IP with no risk, and be paid to do it.
Ann: Annual Report to shareholders, page-3
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $6.99K | 2.617M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 77 | 60705456 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 71654154 | 40 |
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| Last trade - 15.43pm 03/10/2024 (20 minute delay) ? |
| LPD (ASX) Chart |