I think it is very significant - it is not just a change in name, it is a change in concept. Instead of selling boxes and wires, now we are selling risk management.
Boxes and wires - some nerd in a cubicle has to choose it above other boxes and wires
Risk management - the board has to choose between covering their @$$ at shareholders expense, or personally taking on financial and possibly criminal liabilities.
Chris obviously knows what he is doing and I see this as a fantastic re-positioning of what the combined companies have to offer.
The recent share price movement may be a factor of the stock hitting a chart resistance level around 18c. Announcing some more good news should push through that.
Ann: Notice of Extraordinary General Meeting/Proxy Form, page-8
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10.5¢ |
Change
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Mkt cap ! $30.39M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $893 | 8.503K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 274597 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 199756 | 2 |
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