CL8 0.00% 1.3¢ carly holdings limited

Or you could read the Chairman's address mid November which...

  1. 853 Posts.
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    Or you could read the Chairman's address mid November which provided a recent update in performance, including this key statement... "...active subscribers having increased by over 25% over the last eight weeks". That update was 7 weeks into the December Quarter. So it is pretty safe to assume the Carly revenues are going to see a reasonable bump in the December Quarter. I would expect rental and Uber to have no growth or possibly be a little lower given the various restrictions, etc.

    But then further to that statement, a few weeks later the Chairman goes and buys almost 300,000 shares, increasing his shareholding by almost 50%. Do you think that may be a bit of a signal? I suspect he probably knows a lot more about the business and its prospects than any of the people posting here. And he's unlikely to just buy $15k of shares on market for the hell of it, irrespective of what the price is. I assume he is investing for the long term, so not necessarily a signal for traders.

    Cheers
    Marv

 
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