I'm sitting on losses. That's the nature of the beast. I'm not sure what management did except sell some shares to pay tax liabilities (one of them). To cry out "insider" is BS because they hadn't even done 1cm of drilling whent hat sales was done and the stock was still being touted as a potential SIR. Maslin still holds 800,000 shares so it's not like he dumped his whole holding based on insider knowledge.
Duketon is associated with them as is cornelius and montezuma and they all are still top 20 holders as far as I can see. So the founders are burned just as much as anyone in terms of losing net wealth and its just plain wrong to say they have abandoned the company for their own personal gain.
So Adam A I get what you are saying but I'm yet to see any evidence they have been the ones dumping on market and driving down the SP. lets see if there are any 3Y's filed but I doubt it.
The same holders that are crying poor are the same ones who were criticising these guys for not drilling. Well they drilled and they come up blank. It's not like they drilled blind. They tested found anomalies, told the market about them, people made a decision to speculate or not and then they drilled.
From my limited knowledge that's what explorers do. Don't like it, go buy banks or telcos - I'm told they rip their customers off more so than their shareholders so you might be happier with them handling your money.
For all those that bought on the back of SIR (including me) - don't forget SIR were nearly done and dusted before they found something. BUX still has cash in the bank to continue to explore and has some targets and Zanthus still has some promise.
Do I wish they found massive sulphides - YES. Is their fault they didn't - NO WAY.
- Forums
- ASX - By Stock
- BUX
- my announcement interpretation
my announcement interpretation, page-14
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUX (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.55M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7463 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 34267 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7463 | 0.066 |
2 | 75568 | 0.065 |
1 | 9834 | 0.062 |
1 | 200000 | 0.061 |
2 | 84000 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 61382 | 1 |
0.069 | 39000 | 1 |
0.070 | 224720 | 3 |
0.074 | 20000 | 1 |
0.079 | 55130 | 2 |
Last trade - 11.00am 16/10/2024 (20 minute delay) ? |
Featured News
BUX (ASX) Chart |
Day chart unavailable
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online