AGM Questions, page-84

First 84 Last

Share
Profile

Follow
Pepper05

982 Posts.

510

30/11/20

15:23

Post #: 49240912
Share

Originally posted by sbuck: ↑

I'm in 2 minds about David selling his shares.

He is also a Director of IXC - a couple of months ago I compared the Director holding disclosures on both 4DS and IXC annual reports, and at that time he had more wealth tied up in IXC than in 4DS. At the time it made me wonder if I was backing the right horse (I got onto IXC after listening to a Chris Judd podcast, but much more exposed to 4DS).

Since I looked into it, 4DS shares have gone up and IXC has come down - but from memory the gap was pretty big, so I think his exposure to IXC is still bigger than 4DS.

So now he sells shares cause he needs the money - and he sell 4DS, not IXC. It's got my brain ticking over, and I can't nail it. Either, the timing is better to sell 4DS, or the prospects of IXC are so much better than 4DS in David's eyes - or option C, D, E, etc.

Also wondering why he didn't just borrow cheap money from the banks - if he believes in both businesses, surely there is a plan C...

I've been in this stock a while now and holding out for the finish line - and getting more nervous as we get closer - but still holding fast.

GLTAH

Expand

buck,

The resolutions(five of them) were about Directors taking SHARES in place of wages. Dave needed money for a house, I believe him. It was only 30%(5mill) of his holding(still holding 8mill) and he isn't selling anymore, thats that in a nutshell. I wouldn't let this concern me.

4DS Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
20 Upvote

0 Great analysis

Reply

Top Stories

ALR

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

SNG

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

WMG

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

WR1

Winsome scoping study proposes low-cost operation for Adina lithium project

PTR

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

There are more pages in this discussion • 245 more messages in this thread...

First 84 Last

Add 4DS (ASX) to my watchlist

(20min delay)
Last 7.1¢		Change -0.003(4.05%)		Mkt cap ! $126.9M

Open	High	Low	Value	Volume
7.4¢	7.4¢	7.0¢	$124.2K	1.733M

Buyers (Bids)

No.	Vol.	Price($)
1	40300	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	140291	3

View Market Depth

No.	Vol.	Price($)
1	40300	0.072
2	59800	0.071
3	198745	0.070
6	259003	0.069
8	941250	0.068

Price($)	Vol.	No.
0.074	195237	4
0.075	268999	2
0.076	126553	3
0.077	92948	2
0.078	12000	1

Last trade - 14.30pm 17/09/2024 (20 minute delay)

4DS (ASX) Chart

AGM Questions, page-84

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

Winsome scoping study proposes low-cost operation for Adina lithium project

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

AGM Questions, page-84

Top Stories

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

Winsome scoping study proposes low-cost operation for Adina lithium project

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News