Australia's largest stock trading and investment forum Australia's #1 stock forum

CI1

Click for more information

0.00%

11.0¢ credit intelligence ltd

My take on relentless selling is after effects of pump and dump...

First 53 Last

Share
Profile

Follow
emibarnrat

168 Posts.

12

04/05/21

19:05

Post #: 52934717
Share

Originally posted by DBently: ↑

My take on this latest acquisition is that it further grows the business base for CI1. To what extent, unsure, as the integrity of the 20,000 customer base is key. There is not much detail provided here, but given the period and process of due diligence, this may not be an issue. I am sure the merits and detail of this deal, if successful, will be announced in the future.
My biggest problem with Jimmy and the whole state of play is that there are "out-of-control" share dumpers who seem to have an endless supply. Jimmy and the board need to cover this wholesale dump-a-thon with good council or an arranged off market share purchase by someone who wants a large parcel (% of the company)
The $4.00 buy price in the proposed deal is also strange. This needs to be justified IMO and hopefully by a significant SP lift between now and then. Hoping.

Expand

My take on relentless selling is after effects of pump and dump , more shares are traded in that week thanthe last 6months combined , exactly same thing happened with CFO , eventually all shareholders who are sick of seeing red on CI1 , will eventually disapear, 2 to 3 months from buying ? I reckon

CI1 Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 7 more messages in this thread...

First 53 Last

Add CI1 (ASX) to my watchlist