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$1.10 candy club holdings limited

This isnt the case re. well informed shareholder. It looks like...

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hesterm

282 Posts.

58

13/05/21

08:43

Post #: 53139275
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Originally posted by nocelery: ↑

I am a buyer and am still hoping to get my 13.5c order filled, but what is concerning is that the seller is likely a very large existing holder that knows the business well, so they are likely to be well informed about any pending news (probably have CEO's number) ... therefore for all the positivity of the buying, they must have a reason for the selling. My hope is that the selling has to do with soemething external, i.e. they need the money for something else, had a fallout with management, tax, aliens??? ... all speculation. All I know is that the chair is buying and a foundation investor is selling - so it is good and bad.

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This isnt the case re. well informed shareholder. It looks like 2 big shareholders that went in the last raise are selling out and are pretty much done I believe. I have a few contacts close to the co. and they dont know why they're selling either. Why would you go in at 22 anf then dump to 14? Makes no sense unless they have made a marco choice to liquidate to cash.
Anyway the company hasnt changed, going well heading into their busy period and cashed up.
After speaking with my broker I topped up at 14c. Fully diluted MC around 55m and thats a steal. I have a tonne and been in this from seed and the co. is in the best state its ever been. No brainer and will buy more if it does go lower.

CLB Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
11 Upvote

3 Great analysis

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