Sorry to see a few people might get burned. I'm more of an optimist and confident that the manager decided to take a few quick bucks as he has no nerve himself. I did the same, bought a stack at 4c mon morning sold at 5.5c about an hour later to pocket a quick few grand before flaying back to work on site. bought in again Tuesday morning only a small amount this time luckily as got them at 5.5c. Manager could have sold out for any number of reasons and dont think he's taking his money and running as that would be completely stupid on his part and would be detrimental to the company hes managing. No I think there may be other reasons he sold up, and expect the SP to go up again on good news after he trading halt.
Good luck all.
FYI KNL might be worth a closer look if anyone interested.
$200K Cash Left, VWAP and CR, page-96
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $4.069M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $140 | 70.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 10252105 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 160000 | 2 |
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| Last trade - 13.20pm 27/11/2024 (20 minute delay) ? |
| NTM (ASX) Chart |
