longline - MW and MH are former IBR directors. They did so well, because they had significant holdings in the company which I imagine ran from seed to IPO prices (10-20c?).
The deal they did was an all-script offer, that worked out around $1.06 per share (from memory) with no escrow. Sometime before xmas they dumped all their stock - prior to the Lat deal they were top 10 shareholders, Im thinking subsequent to this deal they were pushed down the ladder far enough not to trigger a change in significant shareholders announcement.
Read into this as you will, but one must admit they had a cunning exit strategy.
Interestingly enough I cast a line out on the IBR thread, and found someone who did not take the TMR offer and has retained their original IBR shareholdings. Im not sure if it is a major or minor holding.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.092M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4044700 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 7110545 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4044700 | 0.003 |
22 | 16460500 | 0.002 |
18 | 45300702 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 7110545 | 12 |
0.005 | 4723155 | 8 |
0.006 | 1704400 | 3 |
0.007 | 3478571 | 5 |
0.008 | 1000000 | 1 |
Last trade - 16.12pm 21/08/2024 (20 minute delay) ? |
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