SDV 0.00% 50.5¢ scidev ltd

robot trades, page-5

  1. 742 Posts.
    Hi Deidre.

    Sorry to be a damp squib but with this market good news is just okay; no news is a killer.
    It will take a really, really great announcement to put a rocket under the price. I don't expect such an announcement at the end of the month. Some time after that, yes, but the next announcement I think will not generate the degree of enthusiasm required. I hope I am wrong but..........
    To have all staff trades frozen until after the announcement is prudent, note I changed the word "agreement" to "announcement", will prevent the charge of "insider trading". To management that is very important as the Company prides itself as being honest and up-front.
    For someone to buy now at 3.1 cents and to sell with a little lift at 5 cents still gives a very healthy profit depending on the number of shares. Intec doesn't need the accusation of Insider trading.

    Cheers.
 
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