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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4.3¢ |
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Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 4.3¢ | $5.393K | 123.7K |
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No. | Vol. | Price($) |
---|---|---|
1 | 139323 | 4.3¢ |
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Price($) | Vol. | No. |
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4.5¢ | 1466 | 1 |
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No. | Vol. | Price($) |
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1 | 139323 | 0.043 |
1 | 11904 | 0.042 |
1 | 25000 | 0.040 |
1 | 200000 | 0.035 |
1 | 31980 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 1466 | 1 |
0.048 | 15217 | 1 |
0.049 | 47295 | 1 |
0.050 | 434 | 1 |
0.053 | 14261 | 1 |
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