Do you or anyone know if The Great One (DP) has or will be paying off his $1 million loan by the end of June?
If he doesn't how do you think it will impact the share price because it would not be a good look IMO. Having a MD firstly borrow the funds from shareholders and then not paying it back (including any interest) would show a lack of belief/confidence in his own company. Together with being gifted another 15 million shares for simply doing his job is just another shot to the heart of long-suffering investors. If he fails to pay it back the only way the share price would go is down.
I think at this stage if you're looking to cash out, you'd be hoping for a marked increase in the POI because it appears that the share price goes up and down according to that and not what management do.
Do you or anyone know if The Great One (DP) has or will be...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $62.67K | 4.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 16812807 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 22002260 | 13 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BRK (ASX) Chart |