Some corporate info:
Top 20 holders account for over 75% of total. Just over 300m shares outside the top 20.
Director has been buying on market recently, last purchasing on 6th Dec - about 8m shares.
Cash at bank at 30 Sept was $2.8m after receipts from sales/debtors of $0.9m (reflecting the debtor as at 30 June - per financials). Forecast cash OUTFLOW for december qtr was just over $1m.
Why the rise today? Director buying again?, market waking up to the project, or just noise? Speeding ticket response was standard.
Some interesting discussion in this thread, thanks all.
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