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I bet it’s JT again. Buying bucket loads and now plowing in...

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Charterrierist

2,742 Posts.

168

25/02/19

18:51

Post #: 37561605
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Originally posted by Wilson4 ↑

A director just backed the company to the tune of $1,400,000AUD with their only money for a possible 10% return and people are selling? Clearlythe Director does not see risk here like the rest of the market… I am not sureI would be lending money for a 10% return on a speculative stock, I am here for10 bags (1,000%) lol
If things don’t go favorably in the next 12 months for SE1,the director may never see that money again right? Only someone supremely confidentwould make the commitment to back the company to the tune of 1.4 million AUDwhen we are close to rock bottom (in respect to our cash balance and SP).
Why are people selling? We have a market cap of 25m AUD,enormous upside and directors think the future is so strong they only want a10% return to tie up 1.4m AUD. This management team are solid. Slowly butsurely getting things done with minimal fuss and looking after shareholders. Anyother company would have issued shares, diluting holders. Only a matter of timeIMO.

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I bet it’s JT again. Buying bucket loads and now plowing in AUD1.4m. You are right - 10% is peanuts for a spec. Confidence is correct.

SE1 Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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