Drag it out cos he doesn't like making 240k per pip but prefers losing 240k per pip so he can earn 500k per year minus tax and pay interest on the loan he took out to buy shares .
When you own 240million shares you are motivated by the sp.....maybe you wouldn't be? but I suspect ap is, at 10c he couldve sold the lot for 24m aud, the interest alone would be more than 500k PA would you agree? and no shareholders to nappy change. So not following your thought process, please elaborate .
Cheers tc
Ann: Block 9 Early Production Testing Update, page-640
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2.2¢ |
Change
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Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2048367 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1402823 | 5 |
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| MAY (ASX) Chart |