Ann: Becoming a substantial holder from IFL, page-55

Well reasoned calls! Here is a list of uboys greatest hits (by no means complete list):
21.11 - 10c here we come
21.11 - news flow between now and January
26.11 - 15c-20c coming fast
27.11 - 10c soon
27.11- news flow soon
8.12 - a sharp reversal (from 6.3 c) in the next week
13.12 - next target 9c
14.12 - above 6.4c we are away.

And then this latest one:
“TA wise we will punch through 5c and into 6c range shortly...if not in next few trading days.

So much for the ‘dumping’ of shares”

He is not making “well reasoned calls” he is ramping. None of which have eventuated but I guess if he keeps making predictions one day he will be able to jump up and down and yell “see I called it”

My position has been made clear if you liked to read the posts. But in summary:
I made the call the share price wouldn’t do much after the cr as 2.5 billion shares is a huge amount to have on market.
Guess what? I was wrong it jumped to 7.8 c but then...
It has retreated back to the 3 c range but has settled at 4c.
My opinion is that it is a long term hold. I am also of the opinion that there is a heap of work to be done in order to make the business profitable. If you want to know my reasons read my posts!