Wonder if it's just Toby selling el ah Smn? bbx, Smn Hzr and CFo...

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jimmycrackcorn

800 Posts.

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05/07/17

00:27

Post #: 25667436
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Originally posted by Jacksongreen ↑

Hi All,

Strong believer of Cfoam, and bought in just after IPO - currently, I'm caught with my pants down (my average buy price is $0.59 cents, after serious doubling down to reduce it from $0.72 cents).

I recently spoke with Simon from NWR communications. Struggled to get hold of him, but eventually did and he mentioned that he'd recently had a meeting with Toby.

Obviously, he couldn't disclose any material information, but two key points:

1) He said, unequivocally, that he had not heard of any significant news from management in the near term that he would be communicating to the market. I am not down ramping, and still hold the stock, but for me ... this was a bummer.

2) He did mention though that he was pushing Toby to improve the level of CFOs communications to market; ensuring that future announcements had a clear structure and showed a clear timeline of the progress and milestones the company had achieved and still needed to achieve.

I will still hold, as there must be validity behind Drake investments buying.

But, to stop the postulating and speculating on here, surrounding imminent news flow ... there isn't any in the 'near term' that Simon was aware of after speaking with Toby.

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Wonder if it's just Toby selling el ah Smn?
bbx, Smn Hzr and CFo all went down faster than a $2 working girl today.

Coincidence maybe?

CFO Price at posting: 27.5¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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Wonder if it's just Toby selling el ah Smn? bbx, Smn Hzr and CFo...

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