Hahah all the talk of high grades and BFS really are just words to appease the shareholder if it was so dam great why is the stock not at 50!cents ?
Cos it’s about to rocket up!!
Here’s why .... talk is cheap the cornerstone investor acquired the shortfall of CAP rights issue at 7. 2 cents and now owns 7 percent this is Money down not words but cash it’s significant cos these guys have reputations to protect and don’t like losing money.
By my calculations the investor is up $500,000.
The investor on this occasion is a professional fund manager. These guys only bet on sure things especially in this illiquid stock if you’re wrong you have no way of selling millions of shares when the daily turnover is less than 200,000 units.
So one of two things is going to happen volumes need to increase sharply or the share prices will continue to rise. Suggest if you’re greedy like the rest of us buy more.... you never go wrong following the money it is words that stuff investors up ! The money is driving the price !! It’s already popped !
CAP Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
