I see this as opportunistic buying by the directors given the low share price of AFR and excellent prospects for the company.
I recently did likewise and used the depressed share price to double my shareholding in AFR.
I believe the logical step for AFR would be to sell the uranium deposits (once a suitable resource is established and market conditions improve). Once this happens and the company establishes a stronger financial position, then I believe we will see an increase in the share price.
Ann: Change of Director's Interest Notice , page-18
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.399M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $22.29K | 4.132M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3139012 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 967023 | 3 |
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| Last trade - 14.48pm 15/11/2024 (20 minute delay) ? |
| ALM (ASX) Chart |