Nice post Nathan.
"I feel at this point in time, we are focusing on JP's $150k purchase at 0.5c as the glimmer of hope we need. Not sure how astute that is. You know from your own experience as major shareholder and director of INT, that directors buy for many reasons like to build market confidence. Or sometimes they simply get it wrong."
Good point, and I really now am undecided about this.
Initially I thought JP's purchase was the sign I needed that something serious was going to happen. From a timing perspective, if I was him I would want at least 6 months between my purchase and the market announcement of a major deal just to protect myself.
However, in those 6 months so much could have happened, and who knows if the deal is still there. What we do know is that the company will need to raise cash soon. Whilst I agree directors do buy to build market confidence, but NOT $150K worth. Now JP is certainly earning good coin, but he is no idiot.
Next few weeks will see something happen, I can feel it in my waters.
Kiril.
I hold.
- Forums
- ASX - By Stock
- today tonight!!!!
Nice post Nathan."I feel at this point in time, we are focusing...
-
- There are more pages in this discussion • 46 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 CAI (ASX) to my watchlist
|
|||||
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $85.53M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.5¢ | $42.03K | 398.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 1631596 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 463235 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 1614396 | 0.105 |
31 | 2101200 | 0.100 |
3 | 64000 | 0.096 |
3 | 625000 | 0.095 |
1 | 100000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 463235 | 12 |
0.115 | 537941 | 4 |
0.120 | 570987 | 10 |
0.125 | 627823 | 8 |
0.130 | 618243 | 9 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
CAI (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online