Very valid points Torpy.
I think the problem you had is that Robin stumped up a bucketload of cash over time and probably felt he needed to control things to a point due to this personal investment.
This agreement with the note has now ended. Whilst the note was there I don't think anyone else could have effectively run the ship due to that underlying element of control that Robin would have had with that loan.
The fact there are only around 197 mill shares on issue, of which Robin holds about 60 mill gives us a great platform for growth around these prices.
The reality is this is a business that is primarily selling a piece of software in a space that is primed for it - yes it has gone international, but it has managed to do so without the needs of a complicated management team.
Things are now finally starting to turn I feel. We shall see.
All the best to you.
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Mkt cap ! $99.87M |
Open | High | Low | Value | Volume |
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3 | 75390 | 5.0¢ |
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1 | 74247 | 0.155 |
10 | 742532 | 0.150 |
7 | 544595 | 0.145 |
4 | 319049 | 0.140 |
Price($) | Vol. | No. |
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0.165 | 126720 | 2 |
0.170 | 625000 | 3 |
0.175 | 120000 | 1 |
0.180 | 68832 | 2 |
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