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11.0¢ credit intelligence ltd

In the same boat mate. I really hope we get some directors...

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Clemoladd

122 Posts.

20

08/04/22

21:58

Post #: 60752032
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Originally posted by AU Bull: ↑

Hi All,
I built a sizeable position in CI1 over last six months or so as a hedge against a global recession and market crash. This stock did very well in 2008 crash so that got me interested. I liked the fact they were profitable and had previously paid a dividend. I’m not sure about their recent business strategies and developments but I am hoping it is a positive over time for them. I am however quite concerned about the share consolidation as I have been involved in the past in a few of these for penny dreadful stocks share consolidations and all have continued to fall afterwards. It’s as if it gives the stock a new higher level from which to fall. Maybe this time will be different but my gut tells me it’s very likely not. Still holding but no conviction.

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In the same boat mate. I really hope we get some directors buying on market to put some fire back into the SP.

CI1 Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
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Add CI1 (ASX) to my watchlist