I was also tipped off to the company and bought in mainly because the company has got a product to commercialisation with tremendous global potential.
The relatively few amount of shares floating around means the SP can really rocket forward on positive announcements.
The CEO increasing his exposure to the company by buying more shares can only mean he sees big things to come.
I have been watching another tech company that has not commercialised any product yet and who's directors 'de-risked' by selling a considerable amount of their holdings earlier this year. Their decision was correct as the SP then went from $0.90 to $0.22. In this company's case the CEO buying in is a very positive sign. Good luck!
Ann: Q4 Update - Xref Achieves Profit with 140% Sales Growth, page-11
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.70M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 21.0¢ | $46.94K | 223.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14807 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 301163 | 9 |
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