The Corporations Act, ASX listing rules, and directors' fiduciary duties all work to protect shareholders from potential conflicts of interest and unfair practices, such as underpricing to benefit related entities. Directors are legally obligated to act in the best interests of the company and its shareholders. Any pricing strategy that undermines shareholder value or breaches these regulations would likely be subject to scrutiny, with potential legal and regulatory consequences for both the company and its directors.
The Corporations Act, ASX listing rules, and directors'...
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $35.15M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.3¢ | $89.54K | 6.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4573586 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 2064789 | 6 |
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| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| AEV (ASX) Chart |