Shady
I haven't done any research into Zari. What I mean't to say is the 24m shares given to them at a price agreed mean't they didn't have to for out their hard earned for them. Not sure what personal costs they have had in the past but I'm sure they have been well rewarded.
So if these shares are worth a lot more to them than their past costs they have no problem just selling at will. They are all fighting to sell first and get the best price.
That's what I tried to say. If the $6m in cash was more than their previous costs, the 24m shares received by them are indeed freebies.
The way they have been selling it cetainly does seem that the shares are just a bonus.
Am I stressed? You bet I am. For obvious reasons too.
ShadyI haven't done any research into Zari. What I mean't to say...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $30.63M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $16.44K | 159.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1089344 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 361585 | 4 |
View Market Depth
| Last trade - 15.44pm 15/11/2024 (20 minute delay) ? |
| PEK (ASX) Chart |