What you have written is credible and an uncomfortable truth that holders do not like to hear.
These directors can spend hours talking up their "projects" but will NOT write a cheque personally. All they do is issue themselves free shares so IF things somehow turn around they make a small fortune. When things go to crap they DO NOT lose anything of financial substance.
I have been to many company presentations here in Perth and every-time I ask the directors 'you are promoting the company to finalise a capital raising. A lot of things sound really good. Why will you not be the underwriter for say 15% of the raising?' I am sure a gesture like this will have no problem with shareholder approval. The vast majority will NOT answer this directly.
What you have written is credible and an uncomfortable truth...
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $19.36M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $10.45K | 1.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 12885851 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1673240 | 3 |
View Market Depth
| Last trade - 12.58pm 09/07/2024 (20 minute delay) ? |
| PWN (ASX) Chart |