Personnally, I'm pleased to see him make a purchase. Not huge but he put his hand in his pocket to grab some at 15.5c. He wouldn't have done that if he didn't think that this mine won't get of the ground or that the SP will continue to linger at these levels for too much longer.
Non-disclosure issue is a non-issue for mine. The purchase was done within the rules for board members and there aren't any reasons to hide this deliberately. Quite the opposite, any on market purchases by directors (within the trading rules) is viewed very positively by shareholders and is an advertisement rather than something to be hidden.
I had a look at the broker report and overall quite positive. 50c target is a long way from where we are now and if REE prices start going up once interest rates are cut and the economy picks up, that target will lift as well.
Ann: Director Interest Notice & Late Lodgement, page-4
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Last
10.8¢ |
Change
0.003(2.38%) |
Mkt cap ! $123.9M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.0¢ | $75.69K | 724.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10035 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 222023 | 2 |
View Market Depth
| Last trade - 15.57pm 14/06/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.5¢ | 10.5¢ | 10.0¢ | 258569 | ||
| Last updated 15.42pm 14/06/2024 ? | |||||
| LIN (ASX) Chart |