Share
7,426 Posts.
lightbulb Created with Sketch. 312
clock Created with Sketch. 13/03/19
16:50
Share
Originally posted by speedyl
↑
Like I said...whats your solution then....come on lets discuss it rather than moaning all the time . Nobody likes to see the SP go down for sure but this is not ASN specific. Its not even lithium specific IMO. Apart from a very few, most spec stocks have been sold down heavily (and continue to be on small volumes) in the last 12 mths as liquidity in the spec end has dried up. Personally I think if you looked at the top 20 Bruce has done very well with these sticky holders given the market conditions but I don't see how he can get the small retailers to be sticky when all they want to do anyway is trade the announcements and then move onto the next shiny thing, as like I said they have no patience, dont see the bigger picture of holding long term and usually losing money on the way. It is also very difficult to get funds to invest currently and even if they do whats to say that the SP will increase as a result. Have a look at PLL for example (I dont hold and not cross promoting) but AusSuper brought into them late last year and their SP has not gone anywhere either. We know the biggest shareholder visited CC about 2 weeks after I did in October last year and was very happy with progress and I have not seen any sell notices so he must still be holding despite the SP now under his buy in too.
Expand
For starters I'd like to see ALL Management purchase at least $50k worth on market. Bruce is paid very very well & as a sign of confidence should purchase now. Van E owning no shares is a joke, he should at least have purchased a few.
