I came across this stock late (phew!), so don't know about the history behind the seed investors or suppliers however I can't image why a seed investor would agree to being escrowed. I certainly wouldn't. Maybe the suppliers that were paid shares in lieu of cash were the problem which isn't uncommon with cash strapped unlisted companies.
However, I do agree that the board is responsible to bring their shareholder base along for the journey. They clearly haven't done that so I do appreciate the bitterness from those that participated in the IPO. Hopefully that have learnt from this and focus hard on shareholder engagement moving forward which is almost a full time job if done well.
Either way, I agree its a promising company that has some excellent products and sales momentum so I am happy to invest and see how things play out over the coming quarters. It's certainly not game over here unless you have decided to realise your loss. Then I agree, time to walk away...
- Forums
- ASX - By Stock
- General chat/ discussion
I came across this stock late (phew!), so don't know about the...
-
- There are more pages in this discussion • 122 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIO (ASX) to my watchlist
(20min delay)
|
|||||
Last
72.5¢ |
Change
0.065(9.85%) |
Mkt cap ! $156.1M |
Open | High | Low | Value | Volume |
67.0¢ | 72.5¢ | 66.5¢ | $1.084M | 1.544M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 88888 | 72.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.5¢ | 58624 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 88888 | 0.720 |
1 | 20000 | 0.715 |
1 | 7042 | 0.710 |
1 | 7500 | 0.700 |
1 | 446 | 0.690 |
Price($) | Vol. | No. |
---|---|---|
0.725 | 58624 | 1 |
0.730 | 105000 | 2 |
0.735 | 100000 | 1 |
0.750 | 30000 | 2 |
0.900 | 700 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
BIO (ASX) Chart |