I have held Spookfish Ltd shares (ASX:SPI) since November 2014 when I bought them at 5.4¢. They are currently 6.3¢, which with 706.5m shares on issue gives the company a market cap of about $45m. However, there are additional shares to be issued if certain milestones are achieved, being another 171.2m shares on annual revenue of $20m, and a further … Read more
Portfolio transactions today in CVT, IWG and MNY
Today I sold the position in MNY, half the position in IWG and with the proceeds bought into CVT. MNY was purchased in Sep and Oct 2014 at an average of $1.24 and by February 2015 it had advanced to $1.77. The subsequent pullback violated the uptrend line and under my rules I had to … Read more