I don't think you understand what a "Gravy Train" is. If this Co...

  1. 5,712 Posts.
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    I don't think you understand what a "Gravy Train" is.

    If this Co was a pure "gravy train" then why bother getting new clients? Why go to all the effort to secure global companies? Why work so hard? The whole point of a "gravy train" is to do as little as possible. You want to get paid to do nothing.

    Another trait of a "Gravy Train" stock is the continual issuance of freebie shares to BOD, which then get dumped onto the market, over & over again.

    Where have the BOD received free shares, on top of their lucrative salaries, & then proceed to dump them onto the market?

    I think you forget much of the BOD take shares in lieu of a salary in order to preserve as much capital as possible. That isn't the trait of a "gravy train" stock.

    A "gravy train" stock have the BOD on massive salaries, being issued freebie shares (which are then immediately dumped onto the market) & they achieve sweet F all. That isn't what I see here.
 
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Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $11.30M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $9.135K 1.295M

Buyers (Bids)

No. Vol. Price($)
14 6341067 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1925007 5
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Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
W2V (ASX) Chart
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