I was not at the AGM, apologies, this name has just recently come to my attention.
Still seems fishy to me. Claire isn't listed on the company web-page as being part of management despite being the COO. That seems odd. Her sister also works for the company. The sisters also just received $500k in stock. Daddy is chair of the board, has a big stake, and is tossing his princesses a bone. Doesn't mean the stock is a short but this is clearly nepotism. More positively, based on my reading, it appears Claire's role is more of an HR/admin type of role rather than actual key player. If that's true its positive given her limited experience here.
Also, I don't understand why everyone is so bullish on these ex-MSB employees. Maybe I'm missing something but it looks like MSB was a disaster. I couldn't find any evidence of MSB passing phase 3 while Paul Rennie was there. Sure, MSB raised money one time but looks like its gotten them nowhere. What am I missing about MSB being 'quality'?
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I was not at the AGM, apologies, this name has just recently...
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23.5¢ |
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Mkt cap ! $82.20M |
Open | High | Low | Value | Volume |
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8 | 99772 | 0.225 |
14 | 118171 | 0.220 |
3 | 48958 | 0.215 |
6 | 91017 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 703 | 1 |
0.245 | 20000 | 1 |
0.250 | 57573 | 3 |
0.255 | 29564 | 3 |
0.260 | 33915 | 5 |
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