''Why did he even float if his company if it was so great ? Could have had it all for himself.''
Very easy answer to that...the same reason 90% of companies float on the ASX
The vendors know they can never sell their companies privately as no-one would buy them...so they get mug shareholders to buy it and then use the shareholder funds to pay the salaries that the company doesn't earn enough revenue to pay itself
Then there is the bonus if the share price rises since it adds value to the shares they issued to themselves for nothing
It's a win win win for them
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $13.59M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $20.01K | 2.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 4539559 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3718030 | 3 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| W2V (ASX) Chart |