Pioneer have been, and continue to be a disaster for the SP and existing SH's. Pioneer still has another $3.3m of shares to collect and sell - around 50m shares. This will increase the existing number of GRV shares from 441m to around 500m. Pioneer will make their ~25% on the sale of each share, while existing SH's see a dilution of their shares of ~14%. It will take Pioneer another 12-18 months to sell their shares at the rate they do - thus ensuring a depressed SP. Capital raising under these circumstances will not be good except for those buying in during a CR. Surely management, with all their experience and connections, can come up with a way to be rid of Pioneer. Management can surely not believe this arrangement with Pioneer is beneficial to anyone but Pioneer.
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Pioneer have been, and continue to be a disaster for the SP and...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
3.5¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 137373 | 0.035 |
2 | 362290 | 0.031 |
3 | 466600 | 0.030 |
1 | 100000 | 0.029 |
1 | 12000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 135000 | 2 |
0.038 | 220000 | 1 |
0.039 | 153479 | 3 |
0.040 | 785468 | 3 |
0.042 | 3000 | 1 |
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