Totally are the past actions to "free carry" or to generate "free working capital"...
the discussion around the risk management approach after PL5 has been discussed well enough on here to be confident that was a 1:1 conversation and not general advice to all sharehilders.Given then company have a strategy to sell, they have to be taking steps to deliver against that strategy. Hence the PR firm's, the architect, etc.
without taking steps itd be like saying I want to sell my house without ever listing it... Sure you might sell it off market to someone close enough to know about it being for sale, but you might not. you take a totally unnecessary risk that it takes longer than necessary to sell it.
If they have cracked it and are market leading "first mover advantage" will only last so long... So the PR firm and architect is more demonstration that they are acting in the best interests of the company.
Given then company have a strategy to sell, they have to be...
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Last
8.0¢ |
Change
-0.001(1.23%) |
Mkt cap ! $141.0M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 7.9¢ | $71.32K | 899.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 293169 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 31945 | 2 |
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| Last trade - 12.40pm 14/06/2024 (20 minute delay) ? |
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Last
7.9¢ |
Change
-0.001 ( 1.25 %) |
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| Open | High | Low | Volume | ||
| 7.9¢ | 8.0¢ | 7.8¢ | 557584 | ||
| Last updated 12.24pm 14/06/2024 ? | |||||
| 4DS (ASX) Chart |