Maybe you need to calculate properly how much the shares will cost PO.
Consider three months of wages plus super, rent owing to his property and finally the tax effect of issuing 8.3 m shares at .24 in his personal name followed by an offmarket transfer at say 1.6c to his superfund considering his effective tax rate of 47%
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $15.20M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.1¢ | $3.917K | 125.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 230645 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 230645 | 0.031 |
3 | 233895 | 0.030 |
2 | 220000 | 0.029 |
2 | 700000 | 0.028 |
1 | 550000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 100000 | 1 |
0.041 | 123849 | 1 |
0.046 | 21759 | 1 |
0.050 | 1000 | 1 |
0.055 | 18199 | 1 |
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