SRI 0.00% 1.7¢ sipa resources limited

I think Directors buy for two reasons: 1. To support and raise...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,548 Posts.
    lightbulb Created with Sketch. 1412
    I think Directors buy for two reasons: 1. To support and raise the share price ahead of a capital raising, or 2. during a window of no news to get shares in something they believe is utterly fantastic at the lowest possible price. in the first case you would expect to see them strategically paying up on-market and taking the offer. In the second case you would expect to see them sitting below the bid and waiting for the market to come down to them. I have no idea why these directors are buying in this company. Their two more promising projects are still a very long way from any drilling.
    Last edited by Onceover: 15/07/21
 
watchlist Created with Sketch. Add SRI (ASX) to my watchlist
(20min delay)
Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $3.878M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 561773 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 100000 1
View Market Depth
Last trade - 16.12pm 08/11/2024 (20 minute delay) ?
SRI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.