well run companies don't often need "temporary backstops" that potentially mortgage their future.... what they do is they make tough decisions to allocate capital, not just have a crack at everything and anything
as for SI - i don't think he had a choice. if he had not put in for 60% (not all, just "a majority") then he probably would have lost all of his other $20 million in stock and a very nice little annual earner (even at 70% of his salary)
it's pretty much the line you and you're ilk are selling as well isn't it - pay above the market because the company needs the money to get it over the line.
well run companies don't often need "temporary backstops" that...
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Last
$1.06 |
Change
0.130(14.0%) |
Mkt cap ! $1.181B | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | $1.06 | 94.0¢ | $13.95M | 13.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 115940 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 27849 | 7 |
View Market Depth
| Last trade - 14.53pm 29/04/2024 (20 minute delay) ? |
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Last
$1.07 |
Change
0.130 ( 15.2 %) |
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| Open | High | Low | Volume | ||
| 94.0¢ | $1.07 | 94.0¢ | 2622144 | ||
| Last updated 15.11pm 29/04/2024 ? | |||||
| MSB (ASX) Chart |