IKE - Ike GPS.com

[Rawz]

No need to focus on profits while there is a big stash of cash in the bank.

They need to pump the number of customers they have. Hire more sales people and run at a loss for a little longer imo

[winner69]

Those Douglas guys from US who sld the 4 mill shares the other day have been invested in IKE from it early days.

Kept supporting the capital raises and bought the odd lots on market over time.

Suppose they needed a few million for something or thought it prudent to sell down so rang Forbar and got them to find a buyer for the 4 mill shares and the best Forbar could do was get somebody to pay 90 cents (quite a lot below the market price that day)

Would seem they were keen sellers ..... wonder why and wonder if Forbar looking to sell more?

But then the buyer(s) whoever it/they was got a bit of a good deal. Buyer maybe not a SSH else we would have seen a ntice by now as 4 mill shares is 2.5% of company

Interesting

[justakiwi]

What percentage holding is classed as a SSH?

Buyer maybe not a SSH else we would have seen a ntice by now as 4 mill shares is 2.5% of company

Interesting

[winner69]

What percentage holding is classed as a SSH?

5% - tell the market when a shareholder goes over 5% ......or if over 5% when they go under 5% and when they increase/decrease by 1%

[justakiwi]

Thanks - very helpful.

5% - tell the market when a shareholder goes over 5% ......or if over 5% when they go under 5% and when they increase/decrease by 1%

[kiora]

Those Douglas guys from US who sld the 4 mill shares the other day have been invested in IKE from it early days.

Kept supporting the capital raises and bought the odd lots on market over time.

Suppose they needed a few million for something or thought it prudent to sell down so rang Forbar and got them to find a buyer for the 4 mill shares and the best Forbar could do was get somebody to pay 90 cents (quite a lot below the market price that day)

Would seem they were keen sellers ..... wonder why and wonder if Forbar looking to sell more?

But then the buyer(s) whoever it/they was got a bit of a good deal. Buyer maybe not a SSH else we would have seen a ntice by now as 4 mill shares is 2.5% of company

Interesting

Colin Neale?

[Rawz]

What's going on guys? Buy side looking weak since Q3 numbers.

Did i see the CEO sell some the other day? if it went into the 80 cent range omg that would be a bargain

[sb9]

What's going on guys? Buy side looking weak since Q3 numbers.

Did i see the CEO sell some the other day? if it went into the 80 cent range omg that would be a bargain

Always the case with IKE, moves up fast on some nice update and eventually gets sold down but on relatively low volume. 'pose its to do with liquidity of free stock available out there for trading.

[percy]

Always the case with IKE, moves up fast on some nice update and eventually gets sold down but on relatively low volume. 'pose its to do with liquidity of free stock available out there for trading.

Bit surprising as their market cap is $150 mil.

[justakiwi]

Not great liquidity with IKE unfortunately. Not buying currently due to lack of funds but there have been times in the past where it’s been damned hard to buy any.

Bit surprising as their market cap is $150 mil.