"So doesn't everyone involved take a HUGE L here?"
Only if they intend to sell in the short term.
The company is going to be worth $x million in a few years time, the execs now own a bigger chunk of it. Unless this somhow permanently depresses the share price, but that seems pretty unlikely - in a few years time it will all be about sales and profit numbers and todays vote will be irrelevant (other than a slight increase in SOI).
Ann: Results of Meeting, page-4
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Last
12.5¢ |
Change
-0.015(10.7%) |
Mkt cap ! $52.27M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $684 | 5.469K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18994 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 773188 | 6 |
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| Last trade - 15.19pm 23/08/2024 (20 minute delay) ? |
| VMT (ASX) Chart |