Those shares are free so even if he sells them for 1c he still makes money.
But he did buy fair amount at $4.80 (correct me if I am wrong) and for those he did fork his own money. On that investment he is down bigly. And no one wants to lose that kind of money no matter how rich they are.
Ann: Institutional Placement raises $30m and SPP commences, page-75
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $94.29M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 54.5¢ | 52.0¢ | $67.63K | 128.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 62493 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 5741 | 4 |
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| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| ASM (ASX) Chart |