I don't vet (verb)my posts to any extent as they are meant to be...

  1. 11,642 Posts.
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    I don't vet (verb)my posts to any extent as they are meant to be informative covering both sides of the equation with positive or negative opinions.

    I did post some time ago according to the 2023 F/Y that 52% of holders had less than a marketable parcel, obviously retail holders squeezed and diluted by a falling sp. For some reason, not totally clear to me the same item in the report for 2024 had that down to 1.76%? But the number of holders remained roughly the same. Maybe it's an accounting trick, error.................I don't know. But the fact remains for a retail holder in the 5000 odd holders out of 9000 to sell their shares they will need to buy more to get a marketable parcel if they were intending of selling. All this clouds and muddies the waters in the integrity of the reporting.

    I'm incapable (don't have a need for it really) of posting images but you will find it in both the 2023 and 2024 under 'Distribution of equitable securities'.

    So to the point, there are not that many retail holders that can sell with unmarketable parcels?
 
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Last
1.1¢
Change
-0.002(15.4%)
Mkt cap ! $29.75M
Open High Low Value Volume
1.3¢ 1.3¢ 1.1¢ $33.86K 2.679M

Buyers (Bids)

No. Vol. Price($)
10 2125960 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 6500 1
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
ADO (ASX) Chart
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