I agree with you but I think that both of them being US citizens may be harder for them if they aren’t regularly trading on the asx and really it’s only small amounts available on market so maybe not worth the hassle. I think your point is correct that Marin would prefer cash in the companies pockets to allow them to further advance.
Also the other reason is that Marin and Sons could have information about contracts that may restrict them from buying?
Tomorrow night at the investor night in Perth there will be 100 more investors that are aware of the story, management need to really sell it hard tomorrow about the opportunity the pull back has created for potential investors
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Last
9.0¢ |
Change
-0.001(1.10%) |
Mkt cap ! $18.60M |
Open | High | Low | Value | Volume |
9.0¢ | 9.0¢ | 9.0¢ | $18K | 200K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 239215 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.081 |
1 | 130478 | 0.080 |
2 | 51550 | 0.075 |
1 | 12322 | 0.072 |
1 | 7500 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 239215 | 2 |
0.091 | 17878 | 1 |
0.092 | 8581 | 2 |
0.093 | 60000 | 1 |
0.095 | 25000 | 1 |
Last trade - 13.44pm 07/11/2024 (20 minute delay) ? |
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SHG (ASX) Chart |