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06/12/16
09:03
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Originally posted by oldtimer2
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Yes I was thinking of another stock's register. However looking at this one, the most logical seller is the "Advisor"securities shown as provided for the backdoor listing, we are talking about 15.1 million? In which case we must be approaching the end.....regardless, the fundamentals suggest its oversold, along with a few other small stocks; importantly, they don't need to raise again to support their existing business, which is cashflow neutral, so I for one will just sit it out and if it gets down to 1.8c, probably buy another million or so. Its sufficiently small to be completely under the radar so its share price behaviour is no real guide to whats happening in the real world, its at the whim of this keen seller.
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Also at the whim of this management team to release or not to release anything, such as a brief update on what's going on, to settle the
stomachs of its loyal shareholders.