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Who gives a toss about the gap! Lets talk fundamentals!, page-66

  1. 3,191 Posts.
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    Thought this might be of interest working out Toby Chandler average and Drake purchase in over 1 month.

    Toby Chandler
    26 October 2016
    400,000 units on market $231,200

    27 October 2016
    250,000 units on market $157,000

    Total units 650,000 at $388,200

    Average Buy price on market 60 cents

    Assuming Toby Chandler bought 4,350,000 mill shares at IPO price of 20c = $870,000

    Toby chandler average would be 25cents


    Change in Substantial holder (Drake)

    11 April 2017
    1,063,205 cost $454,233.01
    Average .427 cents

    Change in Substantial holder (Drake)

    3 May 2017
    1,082,259 cost $464,649.78
    Average .429 cents

    Drake purchased 2,145,464 million shares over 1 month with average buy price of 43 cents

    After the last notice 3 May 2017  change in substantial holder we saw more buys that appear to be Drake buying.

    Seems anything Drake buys turns out to be a 10x bagger


    .
    Last edited by Bright30: 17/05/17
 
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