Yes a conspiracy theorist may argue that it does appear on the surface to be a stitch up. When you look at all the evidence on face value in conjunction with the time frames and sequence of events, it does look extremely strange. In fact I would say this is one of the strangest occurances I have seen. Oh its probably all just a coincidence!!!
If you took up the offer at 20cents, or if you are a long term holder you would probably be extremely angry I would imagine.
Question - If they didnt do a cap raising to pay the debt and TAM got into trouble, would the board have been personally liable for the debt. I dont know, I am not an accountant or lawyer. I dont even know if its a relevant question
I will never be touching another one of these type of stock again. Absolutely no way. I cant believe how lucky I was to get out with a very small loss.
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Mkt cap ! $37.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 18557 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 205507 | 2 |
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No. | Vol. | Price($) |
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1 | 321404 | 0.040 |
2 | 202907 | 0.039 |
1 | 33000 | 0.036 |
1 | 50000 | 0.033 |
1 | 20000 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 706406 | 1 |
0.044 | 23577 | 1 |
0.045 | 24750 | 1 |
0.046 | 215109 | 1 |
0.047 | 198000 | 3 |
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