what you don't seem to understand is no one has lost money. speeding tickets are normal. suspensions are normal for a micro cap stock that has significant volume/liquidity/share price rise with no explanation. the
asx feels the last 2 days of trading activities warrants an better explanation or an offical
update on the business activities. my research/ industry contacts and contact with the company directly has
lead
me
to believe there will be a possitive update regarding a reverse takeover type transaction shortly. they mentioned one is very advanced and I'm expecting an update on potential progress of this transaction. possibly fintech.
there aren't too
many asx shells like this one. directors buying anything under 2c.
stocks don't move like this unless information is out.
we'll find out soon anyway. I have seen stocks come out of suspension and double and also half.
I bought $50k (dollars not shares) @1.9 so have pretty much doubled that thus far.
and fyi I have worked as a stockbroker for 6 years managing over 30million for clients.
you sound like an 18 year old crypto investor or a plumber having a punt.
personal opinion only
this is not advice
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