Possible trading opportunity coming up at 61 to 58

First 59 Last

Share
Profile

Follow
estoril

318 Posts.

40

30/09/20

15:06

Post #: 47742668
Share

Originally posted by Holdtight: ↑

Seriously Crazy, still moaning!! The coy is making one great announcement after another. From record size orders, to PO finance, new retailers, new products, better margins, lowering costs, a growing commercial business set to blast off after covid restrictions are lifted.

The 4c you need to be looking at is the one on the 31st Jan 2021. They would not have announced these PO's unless they could be filled. In previous years they had to turn them away due to financial and other restrictions.

The coy is working on the vendor debt ( with some forgiveness) , got released from a poor equity financing deal to CST, negotiated PO finance with Challenger and have the backing of the top 20 Shareholders.
When the switch and clean orders come in, the appropriate measures will be made with financing and deliver. Thus the time taken to plan the exact date for clean to be made available.

Your recent silence, as the stock rallied 1000pct from the low, was taken by me that you had reviewed the CURRENT situation and was prepared to give the team enough time to prove themselves. Obviously you were just waiting for a red day or two to recommence the badgering.

Not sure what else the coy can do to make Crazydave a happy man!!

Expand

Possible trading opportunity coming up at 61 to 58

BUD Price at posting: 6.8¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

FFM

Firefly positioned for copper growth in Canada ahead of resource update

CC9

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia