I don't know how you got your timing so impeccable Percy,
poetry in motion!
More good luck than good management..lol
Finished the day up 37.7% at 84 cents,so down a bit on the day's high of 87 cents.
The big surprise was the big increase of volume.107,711 shares traded,which is a lot for this very thinly traded stock.
A reminder of what Falkenstein attempted to do but was stopped by those of us who saw through his skulduggery and refused to sell to him at 15c.
Well done to holders in the recent long overdue SP rise....... my key reason for not following this is Falkenstein's history.
Perhaps Phil Norman just joining as a director, and also having Ian Malcolm as a director is providing the needed impetus?? ...... can anyone tell me a bit more about these two?
This is from the link I posted on 12-08-2020 post #161,and was the reason I brought some shares in them.
'We are now in a position to take up acquisition and merger opportunities and intend to raise
capital over the next 12 months to support these activities. Any acquisitions would be planned
to be cash flow positive and support an ongoing dividend stream to the shareholders.
The previously announced appointment of Phil Norman as an independent director will add
to the depth of the board, to assist with the board’s growth strategy.”
https://stocknessmonster.com/watchlist/#
Well that did not take long for their first acquisition.A good "bolt on".
The Cylinder Guy Ltd, a leading nationwide hot water cylinder installation and service business.
Funded from existing facilities.
PS.Google Hot water cylinder and guess which company comes up first.
PPS.Christchurch City Council having to put Chlorine in our water supply, has caused a great number of hot water cylinders to fail.
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