jason .....my dad has no intention of selling his shares, here...

jason .....

my dad has no intention of selling his shares, here or, in the US where he has "bought and sold" shares, previously.

He said that you need to watch LOOK (on Level 2 - he does each night) and how it has traded in recent times. That the Co is being "capped" and "driven down" by Market Makers whilst Insto's continue to accumulate shares in the Co. That they (Insto's) now own over 56.5% of all issued shares in the Co. (13M PLUS). And that "insiders" control another 6M shares (or, more) and that there are ONLY 22.9M shares (in total), on issue.

HELLOOOO??

Try and buy some? Noticed how difficult they are to get? And that there has been a "buyer" lurking daily here on the ASX (wanting to buy 5 - 10,000) and all he/she gets are those that he/she sells to him/herself!! BWWAAaah!!

Now think about the above. When they are "ready to go" (as my dad says), we'll see a MAMA like frenzy as has been the past 3 or, 4 days. And that you can SAFELY bet on, IMHO.

Good luck with your SOT and smuggler with his QTK. I'm sticking with my dad's judgement, in sticking with LOK.

DJ