VIT 0.00% 10.5¢ vitura health limited

price of collagen, page-12

  1. 706 Posts.
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    re: trading halt I might be totally wrong here but i have been having a bit of a think and i have come up with a theory which is based on the last month or so of news that we have recieved from Colltech. ( I am passionate and optimistic about the future prospects of this co ).

    First of all to start with investors over time have been getting impatient with this stock and at last a sales contract was announced. This announcement was very general and did not state the projected financial benefits etc to Colltech.

    Secondly a director bought a very small on market parcel of shares.

    To me it seems these 2 bits of information 1. Sales contract- Illusrates to investors that this co might actually make money and they are an ongoing concern together with 2. Director buying shares- Investors feel reassured, are merely a crafty bit of planning which has been done so as they can shake the tin and do a capital raising.

    Think about it would you guys give them any more money if you did not have an absolute clue what was going on with the company? I certainly wouldnt.
    I might be totally off the mark here and critisize me if you wish, but with very little cash in the bank more capital might be required before this share turns into a ten bagger.
    Otherwise some big US info could be coming as they have previously stated and it could really rocket when it reopens. Anyway when it does reopen its going to be interesting either way.

    Anyway thats my 2 cents worth! What do you guys think- Agree/Disagree with my theory?
 
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