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  1. #91
    Senior Member
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    May 2018
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    More good news met by a drop in SP
    Admittedly, it won’t show up on the balance sheet immediately but these are recurring revenue sales if I understand their business model correctly so eventually the growth should turn exponential.
    I am sure at some point I will think I should have added some more at the current price.

  2. #92
    percy
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    Oct 2009
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    christchurch
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    Seems as though 50 cents, or there abouts, is the support level.
    I too may buy a few more once the share price shows it is in an uptrend.

  3. #93
    Investor
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    Jul 2014
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    Quote Originally Posted by Timesurfer View Post
    More good news met by a drop in SP
    Admittedly, it won’t show up on the balance sheet immediately but these are recurring revenue sales if I understand their business model correctly so eventually the growth should turn exponential.
    I am sure at some point I will think I should have added some more at the current price.
    Sure, any amount good FA news isn't going to help as long as there a seller who keeps feeding the sell side for whatever reason.

  4. #94
    Member
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    Mar 2014
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    Another contract, looking alright if they keep adding up.

  5. #95
    Senior Member
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    Quote Originally Posted by sb9 View Post
    Sure, any amount good FA news isn't going to help as long as there a seller who keeps feeding the sell side for whatever reason.
    Maybe that seller is starting to think he might be missing out and dialed back a bit?

  6. #96
    Banned
    Join Date
    Nov 2016
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    173

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    A company is only worth what someone eise is willing to pay for it. What I find interesting is that IKE is actually trading on the ASX these days after several years with virtually nothing.
    Definitively a positive announcement today but what are they going to do with their other target markets apart from cables of one kind or another (e.g. signage, builders, Home Depot, Stanley etc)?.

  7. #97
    Investor
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    Jul 2014
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    Quote Originally Posted by Timesurfer View Post
    Maybe that seller is starting to think he might be missing out and dialed back a bit?
    One would hope so, however need to see to pick up in volume with higher price.

  8. #98
    Investor
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    Jul 2014
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    Quote Originally Posted by Timesurfer View Post
    Maybe that seller is starting to think he might be missing out and dialed back a bit?
    Looks as though the tide might be turning? Bit early to call though.

  9. #99
    Outside thinking.
    Join Date
    Jan 2013
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    Quote Originally Posted by sb9 View Post
    Looks as though the tide might be turning? Bit early to call though.
    Hope you are right, I need a miracle from IKE if I'm going to sneak higher in the Share Picking comp!! lol.

    (not held in my portfolio - but watching carefully)

  10. #100
    Senior Member
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    May 2018
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    710

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    Everything but the share price moving in the right direction
    Looks like I will have to buy some more.

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