No disputing he has a greater knowledge of the company, and its prospects than anyone reading this. AND if the future is as rosy as BOE are painting it, then why sell such a large percentage. I see 3 possibilities.
1. There is some bad news on the horizon. I struggle with this one. Uranium is the new lithium, even with short term start up issues, these are transitory.
2. He would be in possession of market moving information at most times, so legally, he cannot sell. This may be a brief window when he can sell, for some, shall we say, lifestyle adjustments.
3. Uranium is in a fabulous sweet spot, but it only takes 1 of the 480 active reactors to have a disaster, and it's game over for uranium. We lose everything. So he may be thinking, let's get some money off the table.
He still has a sizeable holding and more options, I presume, so plenty of skin in the game.
I would guess its a combination of 2 and 3.
Having said that, treating this as a buying oppotunity is only for those with very large testicles, in my opinion.
I would call it a HOLD for now.
- Forums
- ASX - By Stock
- BOE
- Ann: Change of Director's Interest Notices (x3)
Ann: Change of Director's Interest Notices (x3), page-30
-
- There are more pages in this discussion • 93 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 BOE (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.65 |
Change
0.230(6.73%) |
Mkt cap ! $1.495B |
Open | High | Low | Value | Volume |
$3.61 | $3.74 | $3.61 | $24.15M | 6.588M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | $3.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.65 | 9688 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 3.640 |
2 | 17415 | 3.630 |
2 | 39769 | 3.620 |
9 | 54265 | 3.610 |
7 | 30407 | 3.600 |
Price($) | Vol. | No. |
---|---|---|
3.650 | 9688 | 2 |
3.660 | 10108 | 4 |
3.670 | 6066 | 3 |
3.680 | 26758 | 4 |
3.690 | 31125 | 6 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
Featured News
BOE (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online