Agree @Glymac. Management also could have handled the last proposal of a farm out better imo ( Quay).
For one, a little green on the subject of corporate trust… for instance, a down payment ( deposit $) before public disclosure ( ASX announcement) on the preliminary agreement.
But past cannot be changed, learning is the positive outcome ( of course, most just cycle in habit; without the new learning of adaptive behaviour).
Proactively speaking, a new agreement on a farm out and/or an acquisition of assets considered valuable by the shareholders ( and potential shareholders/investors) could spark interest back into IPB.
Best of luck to all holders.
Management do have some skin in the game; it can’t be simply a matter of longevity of staying on board just for their respective incomes…if so, their investments are certainly in the RED by now on paper at least.
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Mkt cap ! $4.521M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $17.93K | 2.242M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 781725 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.9¢ | 3267722 | 6 |
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No. | Vol. | Price($) |
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3 | 781725 | 0.008 |
9 | 3029840 | 0.007 |
3 | 1243666 | 0.006 |
3 | 820000 | 0.005 |
2 | 500249 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 3267722 | 6 |
0.010 | 987602 | 1 |
0.011 | 3164963 | 3 |
0.012 | 2306244 | 5 |
0.013 | 2078000 | 5 |
Last trade - 15.42pm 03/05/2024 (20 minute delay) ? |
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