Ann: Change of Director's Interest Notice, page-9

  1. 1,464 Posts.
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    It is a puzzling choice. Very double edged sword. The purchase does highlight no imminent news, which I would imagine will usher in the SP going further south.

    If I was to view it through an unbiased lense my takes would be as follow:

    Optimist route:
    - Slow buying commences, yes only 2k but its important to note, no matter how small a 400+% rise is always appreciated
    - Could signal that stages have progressed not to near term but to something more concrete the previously
    - Could be making the announcement to drive the price lower knowing the "read between the lines impact" of no news immiment to allow for a cheaper buy in for friends and co
    - Could be a subtle way of telling holders that nothing is on the table for month so stop emailing me

    Confidence rating 2/10: Such an insignificant amount does seem more like a parlor trick then a smart play. Believe that the last two points are most viable. Remember the floor price for the loan is 1.5c

    Pessimist route:
    - Attempt to provide some excitement to the market knowing that nothing is on the table still.
    - Have seen past directors buy in small amounts before the truth outs in past (MNS an example, the worst mind you but still)

    Confidence rating: 5/10: The story for months has been the key focus is asset realization. There have been a few on here stating in interview TO has mentioned that we are getting to the next round but this clearly shows it hasn't.

    All in all, a truly puzzling announcement one that doesn't invoke any confidence and for a feeble amount of 2k no less.

    I have a decent holding so I will see this through but for holders it looks like its more then likely we won't have a deal by years end.

 
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0.2¢ 0.2¢ 0.2¢ $5.1K 2.55M

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No. Vol. Price($)
27 21738357 0.2¢
 

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Price($) Vol. No.
0.3¢ 4679253 11
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