FFX 0.00% 20.0¢ firefinch limited

Ann: Change in substantial holding, page-80

  1. 2,841 Posts.
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    Andy,

    First of all, lose the attitude. It wasn't too long ago that you joined this forum acting like a fifteen year old on heat after his first romance, making many stupid claims and asking just as many stupid questions. Even you eventually admitted that you were over the top and would refrain and reduce your comments. Thankfully you got a job and we heard less of your "thoughts". Now you are part of a group to overspill the Board of an ASX company, quite a leap of understanding of the stock market game.

    If you or your group had done ANY due diligence you would have known the connection of the shell company I am referring to and its affiliates.

    You said,

    • Strangely, he also bought a heap of stock in a shell that I think MIGHT be used, if my line of thinking is close to the mark.
    "More speculation on your part…"

    Not speculation, 100% fact. All noted in an ASX announcement.

    "Follow up questions for you though. That is if you're interested in answering:
    1. Maybe you can tell me your views of GAS as an investor?
    2. How often do you speak to management and are you comfortable with their answers?"


    Answer to #1.
    Anyone that buys at 6.2 cents and sells some at 40 cents can't be too dumb. Were you able to do that? He also has a heap more bought at 6.2 and the current price is 30 cents, so he must be doing something right.


    and #2.
    I have learnt that it is generally a total waste of time talking to most ASX managers. Their responses are usually quite well scripted and are also limited in what they can say, unless they are complete cowboys. In over 20 years of investing in the market I can only recall one CEO who actually carried out his plans and was able to elaborate on those points during conversations.


    Do you really expect a CEO or Chairman to tell you what they REALLY have planned to anyone over the phone? Really? Knowing that anything mildly interesting would be plastered all over an internet forum within minutes of hanging up. I'm sure you are not that gullible.
 
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