SFG 0.00% 0.3¢ seafarms group limited

Ann: Change of Director's Interest Notice (Appendix 3Y), page-6

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  1. 7,567 Posts.
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    Well this is the recent daily volume:

    sfgvolume.png

    So got over 340 million traded since the PSD review. Basically they were responisble for 10-20% of the volume post PSD.

    Its very bullish in my eyes, you have a director, putting almost a million dollars, in at an average price of 1.65cents. An insider doesnt buy this huge amount to lose money, they are obviously seeing good value, as were some of us seeing that the share price was at cash backing almost at 1.5. Its paid off so far, such good returns from the lows, and seeing as an insider is buying, dont imagine it falling below 1.6 again.

    I think some good value long term and for trading here. Im in at 1.5 and 1.8, and wont take anything off the table until over 2, and now with todays news maybe even wait till 2.5 before I take a parcel off.

    Hard to find a director on the ASX putting this amount into their own company buying on market. Great sign.
 
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