Perhaps I’m just too cynical these days, but sometimes I wonder if that is exactly the game! Pull a decent salary & equity stake on the shareholder, while making cap raises that pretty much redistribute very material percentages of the company to a new entity willing to stump up a year’s expenses. That is not illegal, but certainly not in the interests of the other 90% of shareholders. I’d be willing to bet that most shareholders would be willing to stump up a few thousand dollars at a 20% discount to market price to kick the can down the road a little longer…if cashflow and capital is really the issue, that’s how it should be done, and PLANNED 6 month in advance so not to get screwed on price or costs of cap raise.
- Forums
- ASX - By Stock
- IBG
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-51
- There are more pages in this discussion • 62 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IBG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.969M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $7.332K | 1.823M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 6246027 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7312351 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 6246027 | 0.004 |
11 | 6303569 | 0.003 |
6 | 3699980 | 0.002 |
2 | 2800000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7312351 | 12 |
0.006 | 1239778 | 3 |
0.007 | 1917160 | 7 |
0.008 | 1306448 | 4 |
0.009 | 100000 | 1 |
Last trade - 12.14pm 31/05/2024 (20 minute delay) ? |
|
|||||
Last
0.5¢ |
  |
Change
0.001 ( 25.0 %) |
|||
Open | High | Low | Volume | ||
0.4¢ | 0.5¢ | 0.4¢ | 562351 | ||
Last updated 12.14pm 31/05/2024 ? |
Featured News
IBG (ASX) Chart |