Whether they purchased them on market (possibly a small % only), or got them for free through bonuses (or whatever), is not all that relevant as:
10 million shares (assume cost = $0) @ $0.50 sale price = $5 million
10 million shares (assume cost = $0) @ $0.10 sale price = $1 million
Difference of $4 million.....and your argument is because they got their shares for free, they don't care what the sp is?
Randy
Another Credit Raise Anytime Soon IMU ?, page-33
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6.2¢ |
Change
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Mkt cap ! $455.6M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.1¢ | 6.2¢ | $3.774M | 58.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 3402693 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 610000 | 3 |
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