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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way 2 vat ltd.
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I don't think you understand what a "Gravy Train" is. If this Co...
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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($) | Vol. | No. |
---|---|---|
0.8¢ | 1925007 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 6341067 | 0.006 |
8 | 2439800 | 0.005 |
1 | 500000 | 0.004 |
2 | 5700000 | 0.003 |
1 | 800000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1925007 | 5 |
0.009 | 4050000 | 4 |
0.010 | 5927980 | 8 |
0.011 | 2624302 | 4 |
0.012 | 2676360 | 4 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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W2V (ASX) Chart |