Yep. Once they can no longer strip unsuspecting shareholders through capital raisings, they'll make themselves creditors, go into administration, then swap the debt for the company After that they'll sell the shell off with the tax losses. The tax losses are the only thing of value and to the right buyer are worth much more than the market cap of the company.
Ann: YPB Signs 3 Year Contract with Rim-Lock Innovations, page-10
Add YPB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.616M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $10 | 5.001K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 22891497 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 7942565 | 12 |
View Market Depth
| Last trade - 10.08am 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.2¢ |
Change
0.000 ( 20.0 %) |
||||
| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.2¢ | 7485860 | ||
| Last updated 11.02am 29/05/2024 ? | |||||
| YPB (ASX) Chart |