IIFTM,
You make a perfectly good point, why would a director buy shares if they didnt see the upside? The fact is that no one doubts the potential upside with AIM but realising it is another thing all together. We may not get the cash required to take us to early 09.
I recall in one of MF's interviews with boardroom radio dated 18th Sept 2007 that he stated there was enough funding for 9 months and at the time that statement was made I assumed that meant enough money to fund them to approx June 2008. So my guess is (assuming approx a 6 month perkoa delay) the company may currently have enough fund to get them to the end of the year at best.
That said, I still believe that they can pull the job off and so I am also in it for the long haul. However, short term sentiment will force the SP to drift down unless AIM can pull a rabbit out of a hat.
As ever, good luck to all patient LT holders.
DC
- Forums
- ASX - By Stock
- no announcements
IIFTM,You make a perfectly good point, why would a director buy...
-
- There are more pages in this discussion • 1 more message 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 AIM (ASX) to my watchlist
|
|||||
Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $70.99M |
Open | High | Low | Value | Volume |
33.5¢ | 35.0¢ | 33.5¢ | $187.0K | 543.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14925 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 7747 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14925 | 0.335 |
3 | 12488 | 0.325 |
4 | 52450 | 0.320 |
2 | 56800 | 0.315 |
2 | 10677 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 7747 | 1 |
0.350 | 39871 | 1 |
0.355 | 1650 | 1 |
0.365 | 56220 | 1 |
0.370 | 24579 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
AIM (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online