An example of why new management is required: on 27 November 2020 GDC placed sahes at $1.77 each to instos but no rights issue or SPP was offered to existing shareholders, thus diluting IPO subscribers and others. It's not hard or expensive to offer an SPP at the same time as a placement is made and that's what most companies do that want to nurture their relationship with shareholders. I think this sort of attitude shows why 360 Capital wants to go back to dealing only with PE and other intitutions - they're not really interested in having retail shareholders. Maybe they should have told us that in the IPO prospectus. Maybe it should never have been listed.
An example of why new management is required: on 27 November...
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Last
$2.30 |
Change
0.040(1.77%) |
Mkt cap ! $174.6M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.30 | $2.30 | $4.885K | 2.124K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3526 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 5719 | 1 |
View Market Depth
| Last trade - 11.21am 10/05/2024 (20 minute delay) ? |
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Last
$2.30 |
Change
0.040 ( 1.77 %) |
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| Open | High | Low | Volume | ||
| $2.30 | $2.30 | $2.30 | 1722 | ||
| Last updated 11.21am 10/05/2024 ? | |||||
| GDC (ASX) Chart |