Some corporate info:
Top 20 holders account for over 75% of total. Just over 300m shares outside the top 20.
Director has been buying on market recently, last purchasing on 6th Dec - about 8m shares.
Cash at bank at 30 Sept was $2.8m after receipts from sales/debtors of $0.9m (reflecting the debtor as at 30 June - per financials). Forecast cash OUTFLOW for december qtr was just over $1m.
Why the rise today? Director buying again?, market waking up to the project, or just noise? Speeding ticket response was standard.
Some interesting discussion in this thread, thanks all.
looks healthier, page-24
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