Yes a conspiracy theorist may argue that it does appear on the surface to be a stitch up. When you look at all the evidence on face value in conjunction with the time frames and sequence of events, it does look extremely strange. In fact I would say this is one of the strangest occurances I have seen. Oh its probably all just a coincidence!!!
If you took up the offer at 20cents, or if you are a long term holder you would probably be extremely angry I would imagine.
Question - If they didnt do a cap raising to pay the debt and TAM got into trouble, would the board have been personally liable for the debt. I dont know, I am not an accountant or lawyer. I dont even know if its a relevant question
I will never be touching another one of these type of stock again. Absolutely no way. I cant believe how lucky I was to get out with a very small loss.
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.77M |
Open | High | Low | Value | Volume |
3.2¢ | 3.3¢ | 3.1¢ | $37.75K | 1.151M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 348000 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 18409 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 348000 | 0.030 |
5 | 509484 | 0.029 |
4 | 706750 | 0.028 |
4 | 1044448 | 0.027 |
2 | 419560 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 18409 | 1 |
0.034 | 147648 | 2 |
0.036 | 253758 | 2 |
0.037 | 80000 | 1 |
0.038 | 575557 | 4 |
Last trade - 14.58pm 06/09/2024 (20 minute delay) ? |
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TAM (ASX) Chart |