On the day of the 8CO announcment last week when it was up 100% and we were all sitting here like a deer in headlights trying to figure out the deal. MicroEquities who are substantial holders were smashing the bid picking up $1.1 mil worth of shares at 21.5c and then they went again in the placement for another million.


Shows you what they think of the future of this little beauty. 

https://www.asx.com.au/asxpdf/20210803/pdf/44yzh7pc6lqw2q.pdf

Hey TechBunny,

In anwser to your question "Have we missed it with the current prices rise?"

The awnser is,  the price it was yesterday is close to meaningless. When significant new information arises like this, it becomes a brand new propostion to try and figure out whether it is good value now at the new rerated price.

Anchoring or thinking about what the price was will only cause you to certainly feel like you missed it and prevent you from assesing it objectivley. 

For the record I have no idea whether it is now good value now (and it is my largest holding on here, haha). It is certainly a complex announcment and tricky to try and guess the probability of all the potential outcomes.