re: big buy
Nothing to do with selling shares they said they would not, otherwise they would still be under escrow.
This is from an earlier post of mine:
"Contacted the company yesterday, Rob Kidd said it was to do with machinery and tax credits. They were quite clever to change the payment for CMT from a cash payment of $3,000,000 to instalments as this way they can now get the courts to reduce the payments first agreed under the contract."
I agree that the case is keeping the price low, however, once it is resolved, and if in SMOs favour, the share price will move up.
regards.
SMO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held