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8.1¢ beam communications holdings limited

Agree - this is absurd. How can a business of this size spend...

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31 Posts.

9

30/07/24

08:56

Post #: 74973824
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Originally posted by Chuxa: ↑

and after that original announcement (re arbitration) the loyalists chimed in and pumped how great and cost effective it was going to be….

Some even were surprised that the SP didn’t rocket ;-), strange.

Here we are a year later, with -50% SP and with all that inventory that BCC was expected to reduce to increase its cash position diminished and converted into…arbitration costs.

Cash balance is still the same ~$3M, though that inventory that was getting cash converted is largely gone…and the bafoons responsible for this mess are still getting paid besides the massive blunders that wasted our money on this and enriched RP and our BOD.

When are the shareholders getting a slice of the action?

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Agree - this is absurd. How can a business of this size spend $3m in legal costs without any clear and confident outcomes. Corporate world is full of buffoons who may have technical or some other expertise but not a clue on leadership.

BCC Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.1¢		Change 0.000(0.00%)		Mkt cap ! $7.000M

Open	High	Low	Value	Volume
8.6¢	8.6¢	8.0¢	$11.36K	140.0K

Buyers (Bids)

No.	Vol.	Price($)
1	87902	8.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.1¢	379151	1

View Market Depth

No.	Vol.	Price($)
1	125000	0.078
1	19970	0.075
1	6060	0.074
1	300	0.071
1	8000	0.066

Price($)	Vol.	No.
0.081	379151	1
0.085	250000	1
0.086	5000	1
0.095	100000	1
0.099	100000	1

Last trade - 15.58pm 11/11/2024 (20 minute delay)

BCC (ASX) Chart

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