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4.08% 5.1¢ buxton resources limited

Malay must own about half the free float - he bought up big when...

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  1. pfuzzy
    3,010 Posts.
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    15/05/18
    06:57
    Post #: 33091933
    Malay must own about half the free float - he bought up big when the company was hyping neurology in the Frasers.... I get where he is coming from though. This company has always been big on hype and never quite followed through across 4 or 5 hyped projects.

    They'll get through a big chunk of that $2.5m in the next few months and now director wants to be sitting on less than 2-3 quarters cash. Too dangerous.

    I sold most of mine at 30c (still have some) as I foresaw this period of nothing happening. Still some big upside but can understand why some longer term holders would be jaded.
    BUX Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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5.1¢ 		Change
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