AEB 0.00% $2.57 affinity energy and health limited

CEO buying shares is not necessarily a precurser to a rise in...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 104 Posts.
    CEO buying shares is not necessarily a precurser to a rise in share prices as I seem to recall he bought at double the current sp immediately before the Paterson's placement this time last year.
    On the bond issue, I thought we would be building our production plant on Lufthansa's credit card, and I am just a little puzzled at this bond issue. I doubt it will pay for a new production plant (maybe the Atlanta plant is being upgraded), nor will it pay for a shipment of 200 boxes, my estimate being $25m. I am left wondering if it isn't to put into working capital to pay wages until the Lufthansa plant comes on line in 2015.
    Any thoughts?
 
watchlist Created with Sketch. Add AEB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.