We will all see soon enough, but the purchase today by a director is always a good sign.750,000 shares no less. That's not a small amount, and it also demonstrates to the market that there is some confidence in FIJ.
Again, not being negative, also I do not hold $100,000 worth of shares, I own 100,000 shares and my average buy in is around 24c. Its not a big part of my portfolio so emotionally I am not that interested. What I am attempting to say is that the 750,000 shares was part of an off market transaction. on the 29th December the number of shares traded was 314,000, so where did they come from, who sold them and why did Zane pick them up at a discount to the days VWAP. You can look at it as a positive, but I am looking at it with more questions. Like I mentioned above there was an option in the 3Y where the Company could have explained further as to where the shares came from. Instead they chose to disclose the minimum simply chose to state 'off market transfer'. This could very well have been Zane buying shares from a family member or a distressed seller, we do not know. Hardly a positive sign for my own trading purposes.
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0.8¢ |
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Mkt cap ! $17.22M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $67.05K | 8.299M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 6801568 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 241592 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 6801568 | 0.007 |
18 | 6810183 | 0.006 |
7 | 2436824 | 0.005 |
6 | 11511969 | 0.004 |
2 | 16300000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 241592 | 2 |
0.009 | 9383079 | 16 |
0.010 | 31471465 | 19 |
0.011 | 3574067 | 6 |
0.012 | 581000 | 4 |
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