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I am convinced someone is churning this stock. Who out there chasing for their end of year commission haha. Since few weeks ago, large number of transactions all single lot
It is just mind-boggling that a company that is making 10+ mil annually has 2 directors each on 3mil+ annual salary and a fresh grad director on 300k annual salary. Combined already 7mil+. Yes, transferring to main market allows for institutions to buy in. But I think this is gonna be a huge red flag for the institutions
Want to seek some opinion from the rest. Distribution for October - November = 1.18sen / 2 months (0.59sen per month). Distribution for July - September = 1.52sen / 3 months (0.51sen per month). Does this mean that the income for FY25Q2 is actually better than Q1? Not sure if im missing anything out
I believe the company mentioned before that there will be no dividends in the near future as they are only starting to grow. At the moment this stock is more for growth than for steady dividend payouts.
