The truth is it probably doesn't matter who owns our stock. We are a fully capitalized company, now considering a capital reduction, so who cares if we attract institutional investors or not? The point of investing with Lev is that if you invest early enough and give him long enough, he will give you multiples of your investment back as dividends. So I dont care too much about liquidity or institutional ownership, I just care about the business... That being said, given there is no dividend yet and we were just asked to put more money into the company, being able to trade the stock now is the only way we can raise cash if the need arises. The halt couldn't have come at a worse time for some, and I don't think anybody was impressed about how the situation was handled. Seeing as how this patent was immaterial, perhaps we shouldn't have even requested the halt in the first place. Now there is a black mark on the company and we are left behind with 50% paper losses as the rest of the market rallies hard. It's little consolation that Lev is in the market buying from us at what he knows is a big discount to fair value... That's not what we want or need! All we want is a standard update, not random data points! We don't want more communication, we want quality communication. If we were the ASX, we would have halted the stock a dozen times or more now by now asking for clarity.
If Lev is going to be in the market buying, at least give us the same basic info he has... monthly volume shipped and orders on hand. We can figure out the rest.
- Forums
- ASX - By Stock
- Ann: Reinstatement to Official Quotation
The truth is it probably doesn't matter who owns our stock....
-
- There are more pages in this discussion • 25 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 ANO (ASX) to my watchlist
|
|||||
Last
72.0¢ |
Change
-0.005(0.69%) |
Mkt cap ! $44.95M |
Open | High | Low | Value | Volume |
72.5¢ | 72.5¢ | 72.0¢ | $8.467K | 11.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4540 | 72.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
73.0¢ | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4540 | 0.720 |
1 | 425 | 0.705 |
1 | 455 | 0.655 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.730 | 500 | 1 |
0.780 | 100 | 1 |
0.785 | 222 | 1 |
0.790 | 500 | 1 |
0.840 | 965 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
ANO (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online