I would argue that retail shareholders have done plenty for the share price in the last few months.
I'm not disputing that it's better to have instos on your register. But they kinda screwed us royally to get them on there. It made the directors work easier, made some instos happy, and massively diluted us while giving us a tiny little sliver of what they gave them. And when they had too many insto applications (because they announced price sensitive news and then set the raise price ignoring that), they added 50m to their wedge. And then took ours from 5m to 15m.
Ann: Strong Shareholder Support for Share Purchase Plan, page-14
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Last
$2.01 |
Change
0.080(4.15%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $2.03 | $1.88 | $37.37M | 18.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 230725 | 9 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |