By the way, silence—when combined with delay—gives the people...

  1. 942 Posts.
    lightbulb Created with Sketch. 145

    By the way, silence—when combined with delay—gives the people behind BIT and C14 a significant strategic advantage. More often than not, their prolonged silence seems to result in the convenient forgetting of essential business responsibilities, such as timely capital raising or transparent communication with shareholders.

    Why is their silence so steep, so deafening, that it causes them to overlook core responsibilities? One possible answer is that the silence is not accidental—it’s intentional. It may be a deliberate tactic to secure undue advantages at the expense of shareholders and public accountability.

    Some Undue Advantages Gained Through Silence and Delay:

    • Prolonged access to salaries and consulting fees with no requirement to demonstrate commercial outcomes.

    • Avoidance of regulatory scrutiny by hiding behind “commercial in confidence” to delay disclosures.

    • Insider access to discounted capital raises, allowing related parties to accumulate shares at prices far below previous market value.

    • Preservation of board and executive positions without performance-based pressure.

    • Control over narrative and timing, selectively releasing information to suit internal agendas rather than market fairness.

    • Reduced shareholder resistance, as retail investors grow fatigued, disengaged, or disempowered.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $2.654M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $9.297K 4.648M

Buyers (Bids)

No. Vol. Price($)
58 36124677 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 18314543 26
View Market Depth
Last trade - 14.18pm 26/06/2025 (20 minute delay) ?
BIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.