Hate to be a wet blanket again, but if you were in their position, would you share? If you knew doing so would:
a) Erode the pool of cash your salary is drawn from (and you are very accustomed to this salary)?
b) Not raise (m)any eyebrows; there are plenty of reasons they could give for not returning cash (mostly using rhetoric like "growth" and "reinvesting in the business"), and all are reasonable.
Seriously would you?
I think the only thing to do in this situation is not to buy this stock, which the market is clearly doing. Because this stock does not benefit stockholders and I'm beginning to realise it never will. I'm not sure if it was always meant to be this way but several key people have fallen into "a good thing" and will continue the status quo as long as possible. 180k reinvested recently I hear. That is just delaying 180k of salary, and I bet that 180k is a small portion of whichever total the 180k came from.
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $13.56M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.3¢ | $38.94K | 2.967M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 981216 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 268000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 981216 | 0.012 |
4 | 918000 | 0.011 |
3 | 1900000 | 0.010 |
2 | 533000 | 0.009 |
2 | 260000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 268000 | 1 |
0.015 | 722000 | 3 |
0.016 | 600000 | 2 |
0.017 | 1131250 | 3 |
0.018 | 1111963 | 3 |
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