I don't think it is a good thing for a large shareholder & office holder to lend money to the company they are so closely involved in.
I saw it happen quite a few years ago with Compass Resources in the NT where the head honcho lent the company money only to later use the debt to engineer a hostile takeover ...
....... beware of Greeks bearing gifts !!!
If a project stacks up it should be able to raise capital in an orthodox way.
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I don't think it is a good thing for a large shareholder &...
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Last
8.0¢ |
Change
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Mkt cap ! $9.114M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 15000 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.7¢ | 17650 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 189708 | 0.100 |
1 | 10000 | 0.080 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.105 | 24000 | 1 |
0.110 | 8500 | 2 |
0.115 | 10000 | 1 |
0.120 | 32686 | 2 |
0.130 | 96000 | 3 |
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