You and see_weed probably hoping for a FBU hammer?
Let us all know your exit/entry points and how much money you make when it reverts back to normal swing trading volatility so we can join in the riches.
i mentioned i was going short yesterday before aus open
I watched most of the meeting yesterday, and it's hard to say the company is doing anything other than exceptionally well. Huge growth over recent years, and further growth on the way. Well managed and controlled despite obvious challenges with such high growth rates. Obviously there's some unhappy people out there who bought in at high prices, but that's not the companies fault.
Happy holder here, most of mine were bought at 60c or so, last package I bought at 8.50 and I'll buy more if prices get down to that kind of level again without significant news.
Lots of discussion still going on re CEO shares sale - can I bring this back to basics re the shares she sold and going to sell. This is the way I see it.
1) Shares sold to date (80%) and the second tranche (20%) to be sold are those to reimburse for loss of Qantas shares
2) Board has accepted that in hindsight - cash may have been a better option
3)Shares are being sold to meet financial commitments made prior to ATM appointment
4) Indication given that ongoing performance shares will be accumulated
If/when performance shares are sold - then the discussions to date are more relevant. IMHO
Originally Posted by dobby41
Reply With Quote
Bookmarks