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4.2¢ magnis energy technologies ltd

I dont think anyone at all is under the impression that Frank...

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ryaning

35 Posts.

13/12/14

20:40

Post #: 14457049
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Originally posted by Tradergimp ↑

Indications of when Frank has previously purchased on market in the last 12 months, unfortunately no rocket fired then either. DYOR.

To be clear im not saying its bad Frank is buying, its good as he is putting his own hard earned back into the company, however to suggest SP will take off as a result is not fact, its hopeful. It means nothing as far as future sp as the chart shows, in 12 months with all those buys the SP is pretty much where it was 12 months ago.
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I dont think anyone at all is under the impression that Frank buying shares for his super fund are going to rocket the share price. What i do think though is everyones confidence in the future prospects of the company is quite positive with a Director regularly reaching into his own back pocket to buy shares.

MNS Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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