have decided i will take a punt.. spotted a company CQU- recently listed- 0.14 sp 1.27 debut/high? some posters love it some posters hate it- when checked asx directors buying lots of shares so i assume they have faith- which judging from the sentiment of posters so far seems logical to back a company mangement back. summary looks lke they have cash and profits (not too sure if its enough as i dont really know the intricies of corporate business-but cash seems to be buzz word here).. .. they have 90 million + shares and have some company Carnegy Whylie?? announced getting shares recently at 0.25- are the times crazy and that means nothing or is my first share purchase a steal? thinking of just putting 5% of my saved money in to make sure i can start to diversify and make some money during these times- to me i dont see how they wont go to 0.25..
not too sure if anyone is familiar with this stock and has an opinion.. hope im not making a mistake...
ps hope i have ticked the boxes correctly- first time posting and has been helpful so far
