@baldynumbers, You are correct that Alium Alpha only put in an extra $16,735 but I still think its a positive sign.
- Alium are specialist technology investors so they understand what they are doing. They are patient. Not out to make a quick buck.
- They must have done their due diligence and liked what they saw. Yes, its only $16K but you don't willingly throw $16K into a dumpster fire.
- They hold 12% of the shares on issue. Their stake is currently worth $670K even at the woeful last traded price. I expect these guys have much more skin in the game than ANYONE commenting on Hot Copper.
Yes, it would have been better if Alium subscribed for $250K of shares but some is better than none.
We do agree on one thing... It will be interesting to work out who bought the rest of the $1.1M.
- Forums
- ASX - By Stock
- 9SP
- Ann: Change of interests of substantial holder
Ann: Change of interests of substantial holder, page-5
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 9SP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online