Yeah, they'll gett'em cheap while us long term holders get shafted...again.
They'll then be able to dump those cheap shares, take a quick profit and we'll all be wondering why we don't get our cut...
Oh, I forgot we'll get a small piece of the action in some diddle squat rights issue that will prbably amount to very little compared to what we hold.
And more importantly the BIG BOYS will have received their shares and dumped them by the time we even get the paperwork for ours!!!
These type of placements need to be done away with as they are IMO nothing more than a way to feed the big end of town at the expence of the little guys.
All should be treated equally or not at all.
The US used to have rules against this type of crapola and they were done away with as well. We were treated the same as the big institutions in any cap raising and got the same price at the same time.
The game IMO is rigged against the little guy.
share price, page-6
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $45.32M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.3¢ | 14.5¢ | $8.489K | 56.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 795255 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 112274 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |