That's exactly right. I have said this about Clee previously- IOU was one of his (if not THE) biggest cap raises and the IOU pay directors made him look like a clown by stealing the money. So he was highly motivated to get the ship righted.
I think a lot of the litigation is probably a matter of personal pride for him. Sending the directors to gaol is at least something even if you don't get the money back.
Money is a strong motivator but don't underestimate status and reputation.
The beast picks a literal nothing company with almost no money, and heads it to the stars. Then how much is his name worth? It's a risk for him to take but one well worth it as his stage of career, I think.
It would be interesting to see the T20 to see if he has bought in yet.
Tl:dr, stop stressing about the big boys messing with the share price. It goes up, it goes down, the company hasn't done anything yet. DYOR but IMO hold fast.
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That's exactly right. I have said this about Clee previously-...
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $6.011M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $12.38K | 6.094M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
122 | 100248009 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 45713681 | 51 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
117 | 97439433 | 0.002 |
90 | 178484253 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 38813681 | 49 |
0.004 | 18985234 | 22 |
0.005 | 14564595 | 16 |
0.006 | 14014318 | 7 |
0.007 | 5410000 | 5 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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