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Afternoon trading April 19, page-73

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Miathefia

156 Posts.

19/04/22

14:09

Post #: 60912847
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Originally posted by Veritas2000: ↑

Ignite is not taking off as no on has lit the fuse....

Truly though - peruse the daily volume levels there is often little interest.

Other reasons I do not like it;
Directors have little skin in the business (89M shares issued and directors hold less than 1 million- a huge NO in my books).
A General meeting has been called for April 28th.
They generated a loss in 2021 - despite $60M revenue and $6M GP.
A new substantial holder has just bought in and if he is related to the famous Moran family (IMO) there may be major changes ahead at the GM.
PS- I owned a Recruitment /Consulting business and know how profitable they should be ..

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Ah ok thankyou.

I just feel there must be some massive insider trading.

As it’s not had a huge volume due to day traders etc or if it had the price would have erupted.

I think I’m going to buy in…
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