I would speculate that PT uses his own money and/or family and mates to lend to this $1 company. In turn it buys the assets from ADY.
That way the assets are effectively stolen from the shareholders.
charge resources, page-30
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $17.92M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $11.94K | 1.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 400000 | 2 |
View Market Depth
| Last trade - 13.26pm 19/07/2024 (20 minute delay) ? |
| ADY (ASX) Chart |