IBX 2.27% 8.6¢ imagion biosystems limited

JOURNEY to 50c plus, page-323

  1. 142 Posts.
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    Thank you for your prompt response, Spikeup.

    But this share peaked at around 20 - 21 cents and has now fallen significantly to approx. 3 cents.

    And apparently there have been no on-market share purchases by the BOD or upper management in that time. If I am wrong, then I will stand corrected.

    If the company has an embargo on the BOD or upper management buying shares on-market, then the company should announce it. However, I haven't seen any such announcement.

    For now, I see this reluctance to purchase shares on market as an overwhelming red flag to the market.

    Disclosure: I hold 500,000 shares in IBX.

    Cheers, Stretguy.









 
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