I am impressed with the amount of skin the directors have in this company. Particularly Chris Daws, who appears to have personally thrown several million dollars (cumulatively) at this over the last 2 years through consistent on-market purchases on top of the recent placement at 15cents per share.
Are his on-market purchases part of his remuneration package (automatic buys?), or is he genuinely pulling the hard-earn straight from his bank account and throwing it at this stock?
Either way, they're clearly confident in a big way.
Is the current weakness in shareprice due to ARD holders selling their allocation? If so, how much more to go?
This stock needs a broker to come on board and churn it up a bit. Get a bit of market interest. No one seems to know about it yet. The next 12 months should be good - just need the brokers on board. What are they waiting for?
USN Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
