Exactly. Any Founder/CEO deploying $50k into their stock gets a big tick in my books.
$50k is not chump-change and this is from someone who knows the direction this ship is sailing in and the speed of the wind in the sails. The Founders' collectively own c.40% of all shares on issue. This is the perfect example of an aligned incentive structure that I like to see in a stock.
The current share price is 18c. If the CEO is happy to pay 20.5c, he knows just as well as us that fair value is way higher. 40c by the end of the year is not out of the question. The LinkedIn integration is a game changer and any updates on this topic and we should see XF1 fly.
XF1 Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
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