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AVA 17.0¢

Ann: Initial Director's Interest Notice x 2

  1. ASX News

    100,092 posts.
    • Release Date: 16/07/13 11:32
    • Summary: Initial Director's Interest Notice x 2
    • Price Sensitive: No
    • Download Document
  2. estate09

    1,987 posts.
    re: Ann: Initial Director's Interest Noti...

    I thought Middlemas was allocated 15 million shares, what happened to the other 8 million shares

  3. Paavfc

    7,444 posts.
    re: Ann: Initial Director's Interest Noti...

    Looks like everyone is waiting to see what project IM brings to the table.
    ATM its a shell company.

    Im sure he will have something in mind..

  4. Paavfc

    7,444 posts.
    re: Ann: Initial Director's Interest Noti...

    Sorry no stock held but watching closely.
    Want to see project..

  5. copperroad

    2,539 posts.
    re: Ann: Initial Director's Interest Noti...

    middlemas and his mate took up stock directly, the rest can be in nominees and his director group.
    Middlemas's average cost is above this market price regardless. plenty of buying interest to continue the soak.
    bring on the multibagger deal.

  6. Paavfc

    7,444 posts.
    re: Ann: Initial Director's Interest Noti...

    A fair bit of selling around here picked up a few.
    Maybe a bit of a bottom draw for a while but hopefully not to long..

  7. copperroad

    2,539 posts.
    re: Ann: Initial Director's Interest Noti...

    Lucky
    Your buying sub cash with Middlemas for nothing. Bottom draw has to pay off when they completed a deal in due course. Market seems to be improving as well.

  8. estate09

    1,987 posts.
    re: Ann: Initial Director's Interest Noti...

    67.7 million traded through since the 1st January 2013.
    Average price of 12.25 cents over this period from a low of 9 through to 15. Not sure what to make of this but one takeaway is there are a lot of individuals who need to see the SP rise to make a dollar out of it. Be interesting to see when the selling dries up.

  9. estate09

    1,987 posts.
    re: Ann: Initial Director's Interest Noti...

    Obvious large holder drip feeding stock out at 12.5. Need this to evaporate befor it will run.

  10. copperroad

    2,539 posts.
    re: Ann: Initial Director's Interest Noti...

    sellers dont matter with this thing. its a case of being a couple of months early than one day late. Middlemas will drop a deal into this cash shell and the current share price will just be a memory for those who dont hold.
    PDZ was the last deal i watched middlemas do, and the stock when from about 20c to 75c quick smart (and that was a coal deal)
    Its simply not on the radar of punters becuase they have not seen the deal yet. He is not known for doing bad deals, so people think they have endless time to invest or dont get it yet. The fast money will only play when its obvious, but we will be set. dyor.

  11. Paavfc

    7,444 posts.
    re: Ann: Initial Director's Interest Noti...

    May take sometime for things to eventuate but Im sure IM has got something in mind.

    Seller seems to be hanging around lets see him dry up first...

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