CIZ 0.00% 4.0¢ corizon limited

Ann: Quarterly Activities Report and Appendix 5B March 2016-CIZ.AX, page-3

  1. 5,578 Posts.
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    Not much in there, but what is in there is pretty spot on $86,273 for the quarter that is very impressive, around $300k for a year worth of quality admin that's cheap.

    I have seen many other shells doing that each quarter, these guys are working for future gains their interests are aligned with us that is actually surprisingly rare on the asx, it's usually snouts in the trough trying to screw over holders.

    I did spy a little something in the outflows for next quarter they have $100k earmarked for "development", tiny smoke signal there, but we already now deal is on the way, so not that shocking.

    I got yet another good parcel today at 2.1 can't believe people are still selling so close to a deal, I can do another $50k at 2 cents if it gets there, but then I am tapped for CIZ if I bow out someone else will have to hold the line.

    I was pondering something today about the company which is options for months now I have been death staring the options waiting for them to move and nothing not an inch, they are really overpriced at 1.3 cents for a 5 cent option when the price is 2.1, can't buy that price it makes no sense to me.

    So that is most bullish sign of all to me there are buyers in the que at .009, at that price the directors hold nearly $1 million worth of free money, but they haven't sold squat, how rare is that and .009 is actually a good price as well better than I would pay.

    Whatever they are cooking it must be sensational all the signs are there I am betting big only 2 more months it's nothing, I waited 7 months on AUZ 6 bags, 5 months on PLP 4 bags, 5 months on EXU for just 2 bags, hopefully at most 2 more months on WPI/CIZ for ?? bags.

    I am pumped can't wait.
 
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