The latest notice and the sliding share price of late suggest a boardroom squabble has occurred. It sounds like poor George was made a sacrificial lamb.
Previous management had stepped on too many peoples toes- hence the delay getting the licence extention. A termination won't be a surprise either. It's going to be a major task for the new management to turn things around. The fact they were able to raise $1.4m this gives some hope.
Just my thought.
was george pushed or was george jumped
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $21.58M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.4¢ | $29.22K | 848.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300000 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 54904 | 2 |
View Market Depth
| Last trade - 12.14pm 16/05/2024 (20 minute delay) ? |
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Last
3.4¢ |
Change
-0.002 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 3.5¢ | 3.5¢ | 3.4¢ | 110985 | ||
| Last updated 12.14pm 16/05/2024 ? | |||||
| MAN (ASX) Chart |