DrChips I think you are spot on, management will be desperate to get the PAKOs exercised and allow further development without tapping the market.
But an even bigger reason is that they all own a truck load of PAKOs themselves which will become worthless if PAK isnt 30c + this time next year. As Paul Keating once said - Always back self interest as it is always trying the hardest.
Grigor owns 10% + , Geoff Hill and John Wardman are also substantial holders they will do what they can to improve the share price as they have poured a fortune into PAK.
This gives me great confidence in this exciting company.
GLTA
gmc
DrChips I think you are spot on, management will be desperate to...
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.520M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 81000 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 1065748 | 4 |
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| Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
| AVM (ASX) Chart |
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