Wow, how the tide turns. one minute Coops is a god the next the devil. Surely the only time you need to worry is if he starts selling shares. He has put how much into the company? How many shares does he have?
1 01/06/18 Niall Cairns Issued 37,500,000 .029 2 01/06/18 Niall Cairns Issued 37,500,000 $0.029 $1,087,500 Issue of options. ,087,500 Issue of options. 3 01/06/18 Niall Cairns Issued 75,000,000 $0.020 $1,500,000 Issue of securities. 4 01/06/18 Craig Cooper Issued 75,000,000 $0.020 $1,500,000 Issue of securities.
Yes they got their shares at a good price. (I got my first lot at 2.9) but 187,500,000 @ .067 (52 week high) = $12,562,500 Now @ .039c = 7,312,500 a loss of $5.25 million. I'm going out on a limb here, but my guess is they'd like the SP back up into the 6's pretty quickly? how much are you guys down?
just like not taking the profit, at 5.5 i haven't taken the loss 3.9. I have already taken a profit a few times well and truly more than i'm down at the moment. Let's try to keep it real and slam the directors once the sell a share. until then, they are losing like you and I'm sure they want to have the SP back up in the 6's soon.
Some good Ann's in the wind, lots of meetings going on, lets give them some time to make the deals. they're aren't selling, who is? blame them for their lack of belief and patience.
Sorry, 4.1 now i know......
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