Can I just ease the fears of some, and shoot down some rather unusual comments like the one about grades already being factored into the SP....
A director has bought nearly a million bucks worth of shares, on a average price of 3.8c....
There would be no logical explanation as to why someone would do this, in the event they knew the grades were shit. I dont know about you all, but I dont think peoples objectives in life are to deliberately make themselves broke, in which case, would be the outcome if these grades were not excellent.
There is bound to be a grade in either hole 3 or 4 that will see a SP reach at least 10c, as this would be a result that would see the director's money as being a safe bet.
Just my thoughts
Can I just ease the fears of some, and shoot down some rather...
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Mkt cap ! $10.76M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $4.5K | 1.5M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 21187599 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 16007379 | 23 |
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| Last trade - 10.17am 01/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 975000 | ||
| Last updated 13.23pm 01/05/2024 ? | |||||
| CHK (ASX) Chart |