Hi Linden,
He is constrained a bit by the fact that he has around 38% , and he takes too many , he would go over 50%.
That causes problems from memory.
But on the loans , they could have been called a few times , and in fact , he recently gave an assurance they wont be called in the next 12 months, so until that assurance , he was probably able to.
Now I have my criticisms of his approach , but I think in his dealings with minor shareholders ,he is a saint .
There are lots of ways he could take advantage of his position , with retailers powerless to do anything about it.
If he called his loan for instance , what price the CR to pay him back ?
1c , 1.5c if you were lucky , instantly owns most of the company .
Seems one of the truly nice guys in the small resources space ,
cheers
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Last
3.6¢ |
Change
-0.004(10.0%) |
Mkt cap ! $8.202M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.6¢ | $3.924K | 104.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 67869 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 67869 | 0.042 |
1 | 135000 | 0.037 |
1 | 57571 | 0.035 |
2 | 98400 | 0.020 |
1 | 100000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 25000 | 1 |
0.061 | 10000 | 1 |
0.075 | 35000 | 1 |
0.077 | 132000 | 1 |
0.080 | 115670 | 1 |
Last trade - 11.46am 02/08/2024 (20 minute delay) ? |
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