G'day @dunover. I am sure you are right when you say it is a...

G'day @dunover. I am sure you are right when you say it is a game to these wannabe business tycoons self proclaimed business people that still clearly have their training wheels attached.

Thing is, if they are not short of a quid - why don't they have the nuts to try playing their game with a real company (or even a real business for that matter) instead of with a zombie like this poor excuse for a business?? Truth is, it is not a business's backside and IF they did have a few quid, then most wannabe business tycoons would use their personal stash to try and rescue things ....NOT stupid loans from 3rd tier lenders like shopify or factoring their receivables.

Latest equity holding numbers...

As of the most recent data available (Source: ChatGPT) , Anagenics Limited (ASX: AN1) has 1,848 registered shareholders.This includes a mix of institutional investors, private companies, and individual shareholders.

Shareholder Distribution by Holding Size

The distribution of shareholders by the number of shares they hold is as follows

• 1–1,000 shares: 86 shareholders (from .006c to $6.00)

• 1,001–5,000 shares: 642 shareholders (from $6.01c to $30.00)

• 5,001–10,000 shares: 278 shareholders (from $30.01 to $60.00)

• 10,001–100,000 shares: 597 shareholders (from $60.01 to $600.00)

When 87% of the shareholders hold between $.006c and a maximum of $600 of capital value - this alone should tell you something. I can understand why some wouldn't want to sell their worthless shares... half (or more) of it would be lost in commission and for some there may be a loss of face etc. On the other hand, maybe some or reveling in the loss as they maybe able to offset it against other profits.

In any event, rather than being a "game" ... it is actually coming across as a sick joke. What self respecting "institutional investor" would put $$$ into this dark and dingy black hole?

The biggest surprise to me is (if you are correct) that they take the time to read these posts. These types of people are narcissists too busy dreaming about their next unsuspecting business creation.