This type of thing will never change, most of these smaller asx listed companies are structured in a way to avoid any challenge to the directors positions, try to overthrow the board and they will do a quick and cheap placement to their associates to dilute anyone over 5% to under the threshold as not to be able to call an egm to vote on issues. I’ve seen this behaviour first hand when I was going to call an egm to vote on a board spill. Most of the guys running these shows just milk it for what they can get and move on leaving a train wreck behind them, as I say this may not apply to this crowd but if it smells like rotten cheese is more than likely rotten cheese.
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4.6¢ |
Change
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Mkt cap ! $11.99M |
Open | High | Low | Value | Volume |
4.9¢ | 5.0¢ | 4.6¢ | $8.853K | 181.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 38543 | 4.6¢ |
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Price($) | Vol. | No. |
---|---|---|
5.0¢ | 19288 | 1 |
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No. | Vol. | Price($) |
---|---|---|
2 | 38543 | 0.046 |
2 | 25333 | 0.045 |
1 | 11500 | 0.044 |
1 | 11600 | 0.043 |
1 | 2500 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 19288 | 1 |
0.053 | 150000 | 1 |
0.055 | 1466 | 1 |
0.057 | 13386 | 2 |
0.058 | 40000 | 1 |
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