Share price now up to 9 cents - for a share that stagnated between 5-6 cents for years and all of sudden to go to 9 cents in less than a week and on good trade volumes + no financial results issue can only mean there is some corporate activity - does anyone in the forum know what is going on?
kicc don't get caught up in the hype. I own some - bought them at 5c a while back. I think the purchases by the directors have triggered some additional interest/ hype in these shares. Problem is hype can cause shares to move way up and then when normality prevails again, the price pulls back down. I was happy to buy in at 5c because I thought there was more upside than downside but buying in at this level...not to sure I would bite given the move and lack of sens to support it. If you do invest, I wouldn't go in at more than the last significant purchase by directors just to hedge your bet a bit.