Dropping share price and very strange silence for a straight forward Scheme!
Are senior Directors aligned with Ordinary Shareholders? The CEO is (mainly?) getting shares in the Privatised Vehicle - in contrast to ordinary shareholders who are getting cash.
What incentive does he have to fight for the best Cash Offer?
I've experienced situations where there was a potential misalignment between Directors and Shareholders - as there was some years ago between PaperlinX and PXUPA holders - and a group of us formed an Action Group.
I propose we set up PIGS (Pioneer Investor Group Supporters) and fight for our rights.
T: 0408 613191
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Are Shareholders Being Screwed?
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Last
57.5¢ |
Change
0.040(7.48%) |
Mkt cap ! $77.44M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 57.5¢ | 54.0¢ | $205.5K | 369.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| PNC (ASX) Chart |