Ann: Change of Director's Interest Notice, page-116

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rajotel

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27/08/20

14:54

Post #: 46870101
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Originally posted by Pidget: ↑

I think Chris has the right idea. And that isn't even including the fact that it was a requirement under S608(3) of the Corporations Act 2001 - His fund still has 63,000,000 shares they are holding. The notice wouldn't have been put out if the selling hadn't stopped.

Regardless, if you had your money being managed by Lucerne and they didn't take the insane profit they had available to them, you would all be screaming at the fund managers. Right now, the share price is holding pretty friggin' steady after what's happened since Monday. The company's fundamentals haven't changed, as far as we know. The choice to invest here may be a speculative one, but that's how it works for any investment choice. Nothing is guaranteed, everything is a risk.

Sentiment is changing wildy on this stock because of the typical waves of over-the-top support, and then waves of naysayers and downrampers. Nothing new on HotCopper. At the end of the day, the people investing in this stock all have their own reasons for it, be it faith in the product and/or company, or just looking to make a quick buck. Trust in your convictions, and follow through with them.

This is just textbook fearmongering, in my opinion. The fact that he could get sued is precisely why he wouldn't be stupid enough to pull this off. The people behind these funds know full well what happens when you f* with ASIC, and regardless of the size of their plums, they don't play that game lightly.

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Looking at some of the trades today someone with a fair amount of shares is selling, as some 5 million lots have been sold.

The sooner they are sold out completely the better as when selling stops the price will improve.

I have taken a small position after the latest selling.

GLTAH

CXZ Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.6¢		Change 0.000(0.00%)		Mkt cap ! $22.09M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.6¢	$390	15K

Buyers (Bids)

No.	Vol.	Price($)
4	1190493	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	707283	7

View Market Depth

No.	Vol.	Price($)
4	1190493	0.026
6	4330000	0.025
2	446666	0.024
1	35000	0.020
1	55611	0.018

Price($)	Vol.	No.
0.027	707283	7
0.028	3214711	8
0.029	3064484	7
0.030	1358933	6
0.031	50000	1

Last trade - 10.02am 01/11/2024 (20 minute delay)

CXZ (ASX) Chart

Ann: Change of Director's Interest Notice, page-116

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Ann: Change of Director's Interest Notice, page-116

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