I got no idea what's going on. All the experienced investors seem to think this is normal. But it's destroyed the SP. We are closing at 35.5 today.
They have a tonne of stock. This has absolutely hammered the stock. So they are poorer right? Even with the new shares given out & considering the amount they already have, they are taking an L too?
The new incentives from next year, we won't even hit those prices the way things are going.
So doesn't everyone involved take a HUGE L here?
Never encountered this before.
Can anything be done? (The way things are going we will be dominating the world in sales and the SP will be down at 0.01).
Ann: Results of Meeting, page-3
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $50.18M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $2.987K | 23.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 144645 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 524598 | 3 |
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| Last trade - 14.02pm 06/09/2024 (20 minute delay) ? |
| VMT (ASX) Chart |