Any further thoughts on this one Ivanovich? Got me a bit...

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Klue

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47

11/12/17

19:22

Post #: 29547137
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Originally posted by Ivanovich ↑

My broker had a meeting with Oren yesterday. Very motivated and momentum building. I like the fact he eats his own cooking with 46 million shares unlike some other CEO's out there that build positions with free options and fugasi performance shares. Thank you Lee Freeman-Shor, The Art of Execution, a book I read every 3 months without fail. Here's the metrics of the trade. I took 100,00o shares in the IPO at 20 cents and pretty much from day 1 the share price drifted lower. At around 12.5 cents I intensified my research to come up with a decision - SELL out or double my holding, A of E style. Oren is $3,450,000 underwater at this price - his pudding has a bitter taste now. I bought 100,ooo shares at 13 cents reducing my break even to 16.5 . Share closed today at 17 cents. $3000 loss on the initial 100,000. $4000 profit on the 2nd 100,000.I actually like what they are doing and my entry point it now 16.5 cents not 20 cents

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Any further thoughts on this one Ivanovich? Got me a bit dumfounded to be honest.

It would be nice to see some updates around the Mission Critical sales...is that what the market wants to see?

The revenues are too good to put this into the kennel with the other dogs but it is certainly starting to Woof pretty loudly from the front gate.

MOB Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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Add MOB (ASX) to my watchlist

Any further thoughts on this one Ivanovich? Got me a bit...

Top Stories

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Scientific conference spotlights PYC's work on blindness disease treatment

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Sales growth pushes Lovisa's fortunes (and shares) upwards