placement participants dont have a vote.
this could be because they will more likely be swayed by their own self interest, and are more likely to be new to the stock with less knowledge.
There’s consistency in participants comments here, and it’s clear their judgment is swayed. Evidenced by the belief that the the options are the only funding mechanism available when this is absolutely not true…
perhaps this is because it’s the only funding approach that personally suits them?
And even more so anyone that hadn’t been holding prior. Ie longer term holders.
who would know better?
hmmm.
placement participants dont have a vote.this could be because...
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $71.22K | 3.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1661996 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1293442 | 3 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| ADO (ASX) Chart |