Yes, the raising via cnotes at 1.2c and continual participating by directors demonstates the confidence directors have in the business. I personally have preferred to add to my already substanital position by accumulating on market.
On the other hand (given the selling depth has basically not changed for many months) any serious buying i.e. $50k plus will likely see the share price back in the low 1's in quick time.
This stock (like others) that have had no new information has drifted lower purely on the basis that holders have gotten sick of waiting and those of use monitoring/holding stock are doing so from the sidelines as there has been no need to rush in to buy.
D: Hold plenty
Cheers
Clever1
Although going by comments at the AGM this should change dramatically over the next 6 months, with significant milestones finally reaching a stage that they will be able to be announced to us shareholders. Reading between the lines, this could mean news very soon, with more to follow.
EOR Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held