@stevenrushbrook - apologies for the tag, HC glitch? when replying .. .. ..
You can't change the narrative simply because you got called out .. .. ..
Your words were, quotes
"
none of the top holders are selling, 62 cap boys have actually been buying""
""(sic).. it's just traders form the raise. Clear as days"
"
I recently posted the latest Top 20 and none of the top holders are selling. or will sell down here. It's just people from the raise ... (sic)"
Some fun facts for you:
1: I am not your mate .. ..
2:
7 of the Top 20 shareholders have
reduced their holdings, and a further
3:
2 of the Top 20 either sold all? or
reduced their holdings to actually
drop out of the Top 204: 2 of those (7) Top 20 that reduced their holding were vendors, the other 5 of those (7) Top 20 that reduced their holdings are long time shareholders, with some of them going as far back as 2017.
5: 1 of the (2) that dropped out of the Top 20, was actively spruiking BM8 on his twitter account, surely he wasn't doing that as the same time he was exiting his BM8 position?
6: The 2 of the Top 20 that dropped out, have both been long time shareholders.
7: A lot of the long term shareholders in the Top 20 have been around since WFE pre-suspension.
8: 62 Capital sole director is Sufian Ahmad, according to ASIC information, so it is not the "62 cap boys" you are suggesting, it is 62 Capital and friends.
9: No I do not have a vendetta against 62 Capital, nor its owner.
What I will comment on:
(a) one of the largest shareholders (Substantial Holder) spruiking on HotCopper without disclosure, to the point the vitriol and furphies he should actually be embarrassed.
~ ie: they should be bound by the same requirements under the TOU of HotCopper as per the same guidance as a Company representative;
(b) point 5 above
(c) parts of the content of your posts, that you are claiming them to be factual and they are not.
(d) trying to suggest that the information I used is months out of date (see text bolded/blue) above, whereas, you used the exact some information to extol the merits of the Top 20 not selling!!! being the Top 20 shareholders as at the 27th September 2023 (company announcement) at todays date is 2 weeks old?
(e) the final information in my previous post was supplied to me on the 5th October 2023, the Top 20 list (black background) 6 days old.
re: "A lot of the Top 20 buys were done at 40c.. .. .. " ++there was obviously some Top 20 buying into the IPO ($0.40) but given the amount of IPO shares v previous held shares, then I would be pretty certain their average cost basis will be well well south of $0.40c ... ..
~ 15 of the current Top 20, all had large positions a long time before purchasing IPO shares @ $0.40c
(f) a lot of the Top 20 buys were also done at $0.003c (WFE days)
~ and your 62 Capital being one of them, Sufian Ahmad became a "Substantial Holder) in 2017
~ his brother Bilal also became a Substantial Holder in 2017
++ both held circa 200M shares at a buy in average price of
$0.001c ~ Markovic was also a large shareholder at the same time, as a point of fact he held more shares than Sufian Ahmad, so I would conclude that he was also well entrenched at
$0.001c per share.
~ Bin Liu, same as Markovich
++ Pevcic, Condor Prospecting, Strat Plan Pty Ltd, Mena Habib, Aldo Sacco, FE Battery Metals, Kobala Investments, Bearay Pty Ltd, Touson Super, Chuyan Niu & Shane Reeves all had large positions (Top 20) early to mid 2021 with some also going back as far as 2019.
cheers
now we have a the "pleasantries" out of the way .. .. .. we could actually get some research done on the pro / cons of taking a position!
(20min delay)