yes...token buying is the right expression
This is how it works with 100s of ASX companies:
Sell a company to mug shareholders, knowing full well you could never sell it privately
Use the money raised from said mugs to pay salaries
Watch share price implode and then issue millions of new options at lower prices with no performance hurdles other than pitching up to work ( which you know will happen because shareholders are paying salaries)
Raise money to continue paying said salaries
Rinse and repeat
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W2V
way 2 vat ltd.
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16.7%
!
0.7¢

yes...token buying is the right expressionThis is how it works...
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $11.89M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $3.5K | 500K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 5368824 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1970221 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 5368824 | 0.006 |
8 | 3299800 | 0.005 |
1 | 500000 | 0.004 |
3 | 5868333 | 0.003 |
2 | 1045000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1970221 | 2 |
0.008 | 2676872 | 6 |
0.009 | 3750000 | 3 |
0.010 | 5939518 | 9 |
0.011 | 2664302 | 5 |
Last trade - 10.50am 20/06/2025 (20 minute delay) ? |
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W2V (ASX) Chart |