SNX 0.00% 3.8¢ sierra nevada gold inc.

md buys 290,000 shares on market, page-11

  1. 13,614 Posts.
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    jon, I don't think the MD is buying for a quick 50 to 100% profit that would result from a buyback. Ross is in it for the long term. When SNX starts paying dividends he might sell some then but he is not in the same shoes of a trader that would benefit from a buyback. Rivkin IMO wants his members to make a quick 20 to 50% gain.....that's all. RR is looking for a R of Capital.
    Of course the stock price will reflect the fundamentals in the long term. The MD has repeatedly said SNX is moving toward profitability. The Baltimore buy was a great move and IMO we will see the benefits this year. The government is and will be a big buyer of IT security and with SNX solid ties with it I see big things for SNX in the next couple of years....good luck. I hold
 
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Last
3.8¢
Change
0.000(0.00%)
Mkt cap ! $3.627M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 24431 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 75000 1
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Last trade - 16.12pm 31/07/2024 (20 minute delay) ?
SNX (ASX) Chart
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