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Ann: SkyHopper design win with Japanese unmanned vehicles company, page-9

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Klue

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27/10/17

19:58

Post #: 28268283
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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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I jumped in for a 52wk low punt tbh, this weekends job is to go over the prospectus and follow through in detail. One thing that I want to find further clarity on is the Exxon potential...deal lost...forgotten...in the works...listing spin??

MOB Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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