SPX 11.1% 0.8¢ spenda limited

Thanks for the informative post mondy. It’s appreciated.Would...

  1. 60 Posts.
    lightbulb Created with Sketch. 50
    Thanks for the informative post mondy. It’s appreciated.

    Would appreciate your insight on the following:-

    regarding the 477k buy up from management and earlier when management have accepted shares instead of salary. Isn’t it possible for management to easily resell these shares as an exemption, under a section 708A notice and therefore, management can “present” they are investing their money or accepting shares in lieu when in fact, they can issue a 708A notice and sell their shares back into the market!

    Would be happy to be corrected on this one - Thanks

    example notice
    https://hotcopper.com.au/data/attachments/5356/5356936-5c33d8de9a5bec07e869da39955d0bad.jpg

 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $34.59M
Open High Low Value Volume
0.9¢ 0.9¢ 0.8¢ $9.612K 1.188M

Buyers (Bids)

No. Vol. Price($)
1 52391 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 5896304 12
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
SPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.