IMO opinion, the last couple of years feels like a scam to me. IMO, the stock was pumped. I agree with you that the company rhetoric back then now seems ridiculous. Someone mentioned ASIC which is probably a good idea. We all remember when management approved heaps of free performance shares for themselves with strike prices of around $1.25 from memory. This was a couple AGM's ago I think and share price was perhaps in the 80's so any effort to get the price up to that level seems logical. I am not convinced the market has been given the full honest story as to why the previous CEO suddenly 'retired'. Is retired even the right word? Originally I thought it was but now I have my doubts. IMO, the trust in this company is long gone and IMO, deservedly so. When I asked the company recently to provide me with a top 40 shareholder list which I was happy to pay the required fee for, they basically refused to do so. They did provide me with a top 20 list free of charge but said they were not obligated to do so. Not many people talking $5 and takeovers anymore! There were people on HC saying NC valuation was $10. I recall a recent video or radio interview NC did where he said if he had $1 for every 'approach' (presumably takeover/merger approaches) the company has received thus far, he'd be sitting pretty. Yeah right. That's what I mean when I say 'pumped'.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 914620 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 206022 | 3 |
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No. | Vol. | Price($) |
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4 | 914620 | 0.008 |
6 | 3850194 | 0.007 |
4 | 581167 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 206022 | 3 |
0.011 | 1400000 | 3 |
0.012 | 166666 | 1 |
0.013 | 669958 | 2 |
0.014 | 134311 | 1 |
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