One trick AZG is known to use is getting purchase invoices issued so it is booked as a sale, he gets extended payment terms so he doesn’t actually need to pay yet. Then after some time when AZG is unable to sell the stocks, it will be returned and destroyed at production value. He still collects marketing funds because the sales was booked. However, this eventually will catch up as actual sales $$ do not return back into company bank account.
- Forums
- ASX - By Stock
- Ann: Becoming a substantial holder
One trick AZG is known to use is getting purchase invoices...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUB (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $115.9M |
Open | High | Low | Value | Volume |
12.5¢ | 13.0¢ | 12.0¢ | $518.0K | 4.145M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 220000 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 927069 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 220000 | 0.125 |
74 | 4347440 | 0.120 |
50 | 2401120 | 0.115 |
49 | 3087489 | 0.110 |
17 | 897382 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 927069 | 26 |
0.135 | 710368 | 20 |
0.140 | 743012 | 13 |
0.145 | 1123245 | 28 |
0.150 | 1619306 | 40 |
Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
Featured News
BUB (ASX) Chart |