The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Totally with you on this one Smellyben. The sale of share could be from the auditors if the were give. Shares in lieu of cash payment for services or they may have bought some shares. This selling will be history in no time.
Change of Auditors due to loss of a simile partner is common. Again no TR1 or Directors selling rumoured. But is there insider dealing here as ppl might just tipped of auditors resigning without knowing the reason. Over sold big time.
Trying to count how many shares, if all comes from one seller, I would say around 9m shares in total. That is not enough to run the sp to the ground with rumours of directors selling, bad news coming et al. I would say the seller needed funds especially if he was expecting 3-5 p by Q4 latest. I am not worried as I topped up my holdings by a third. Don’t mind the wait. Like they say : ITS COMING HOME ….
Question is how much are we willing to pay for the progress achieved so far bearing in mind the direction ahead short term? Am sure the soft launch is going to raise some eyebrows and a buyout possibility!!!! Food for thought!!!
I find something strange in two shares that I hold, GST and BLU. For the last 3 trading days the price didn’t move regardless of buying > selling or vice versa. As if they don’t want the price to dip any lower or they are preparing for a big jump. My guess is as good as yours. Comments welcome.
Am surprised we are at the current sp after the podcast where they said we should be worth 50 -100 - 200 times our valuation. I understand this is not happen in my overnight but we should at least settle at a higher sp if 1.20 p + until further updates and not sub 1 p.
Q4 suppose to be fruitful but silence is killing us all. About time they remind themselves of the current trend and get their fingers out.
Ragnarr basically Muscles is saying that he will shut and and convert to a believer in BLU once the bod put out RNSs which will lift and sustain the mc. Am I right Muscles? In a way we are all disappointed at this sp and we will achieve nothing feasting on each other’s blood.