Jim transferred shares valued at around $4m at the time to his wife who then sold. $2m of that put back in now would be worth around $200m if we become a billion dollar company? Why is no one believing in this story? I belief his wife owns no shares, his son very little, most board members very little. Most insiders own less shares now then ever before yet we're meant to believe the guy who's remuneration from the company rose circa 600%? And he can't attract institutions or private company investors? Instead we've slowly been sold to Australian retail investors with little influence (T20 investors getting standard no answer replys) and with little respect (another apparent t20 selling a significant amount due to comments made on LinkedIn including that about some Aussies being racists).
Doesn't make sense if you ask me but hey, maybe no one's asking me so I'll stop commenting tonight lol
DYOR. My opinion only.
CI1 Price at posting:
13.0¢ Sentiment: Sell Disclosure: Held
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