Once you have control of a company can you use it as your personal piggybank? There was a news article which gave the opinion RG was going to use the $160 million from PACT’s recent 50% business sale to pay off the shareholders. This sounds so dodgy to me unless it’s 100% your own company. Can you use a company’s resources for your own personal use if there are still shareholders? Regardless I’m sure RG intends to get PACT thriving again as the moneymaker it is
PACT as personal piggybank
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Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $268.5M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2050 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 3 | 1 |
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| Last trade - 10.42am 11/07/2024 (20 minute delay) ? |
| PGH (ASX) Chart |
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