Fancy giving away over 22 million shares to all of the vendors, irrespective of which ones have succeeded in winning any contracts or not, for ONLY $2 million in sales, which is not a lot by anyone's standards and certainly not a lot for a company with the MC of Emefcy at IPO.
Options and share issues have been absolute poison for this company, it has been since I first bought in June last year, every time they'd do another massive options issue, the share price would dive (seeing a 4C would make me shudder), and it has helped to make sure this company struggles to get anywhere into the near future. And of course every time I have complained about this, people here have jumped on me for being a stupid retail investor.
The products are good. The management is reasonably good at selling things. What they're bad at is not looting the company for all its worth.
Ann: Emefcy Second Milestone and Vendor Shareholder Understanding, page-37
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.8¢ | $9.627K | 97.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 205841 | 4 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FLC (ASX) Chart |