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5.9¢ island pharmaceuticals limited

I don't quite understand super rich people. If I were BG and not...

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Napolian

545 Posts.

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19/09/23

12:51

Post #: 69915562
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Originally posted by Davisite: ↑

One of the big holders is showing their total dissatisfaction with the progress of ILA.

The problem with ILA is BG owning so much of it that it is untouchable - nobody with half a brain is going to want to rescue ILA and have BG do what he did with RAC. Anyone looking to cornerstone the next raise would need BG to escrow his shares for the next 5 years and I doubt he will be willing to do this. It is now up to BG to put his hand in his pocket and rescue ILA.

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I don't quite understand super rich people. If I were BG and not happy with current ILA status, why not use his power to remove current management?

Maybe he wants SP to fall so he can buy more and do privatization?

ILA Price at posting: 7.4¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 5.9¢		Change 0.000(0.00%)		Mkt cap ! $6.714M

Open	High	Low	Value	Volume
5.9¢	5.9¢	5.9¢	$27	453

Buyers (Bids)

No.	Vol.	Price($)
3	70981	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	100000	1

View Market Depth

No.	Vol.	Price($)
3	70981	0.059
1	100000	0.058
2	200000	0.056
3	550000	0.055
2	137735	0.053

Price($)	Vol.	No.
0.063	100000	1
0.065	100000	1
0.069	50000	1
0.080	250000	1
0.160	60000	1

Last trade - 10.04am 13/05/2024 (20 minute delay)

ILA (ASX) Chart

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