"The Vimson deal, apart from being at a huge discount, has blind sided everyone and is to date unable to be explained."
It is actually worse than that. Any company/individual wanting to buy into another company in a big way would normally find the purchase of shares would send the share price UP. For example takeover bids are always at a very significant premium. To let Vimson buy in at a 20% discount indicates we were desperate, either for the money, or for the votes. If Vimson truly saw TNG as a worthwhile place to be they would have paid 15c (give or take) and still received a very worthwhile stake in TNG at a very good price. If nothing else Rex should be sacked for incompetence.
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5.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $96.48M |
Open | High | Low | Value | Volume |
5.5¢ | 5.6¢ | 5.4¢ | $26.84K | 488.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 40557 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 162954 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 40557 | 0.055 |
4 | 150071 | 0.054 |
3 | 303700 | 0.053 |
3 | 318990 | 0.052 |
2 | 700000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 162954 | 3 |
0.057 | 7600 | 1 |
0.058 | 77000 | 1 |
0.059 | 45500 | 1 |
0.060 | 116666 | 2 |
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