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Update 2 – 30 July 2019 Stock Code: IP1 Shares Purchased: 454,545 Share Price: $0.022 Reason for Buying: 1) All 3 directors have significant holdings in the company 2) Major shareholder took his full placement in the last raise. 3) Low market Capitalisation and Enterprise Value 4) Payment systems is a hot sector with numerous multi baggers in the last …
July 17, 2019 The $50k Challenge is officially launching today with the first stock being purchased. Stock Code: OVL Shares purchased: 2,000,000 Share price: 0.005 Reason for buying: 1) Recent acquisition is in a hot sector (rare earths) with very favourable terms.2) Small raise just completed at a 50% premium to the market price. This makes me think they could have raised much more …
I have officially kicked off the $50k Challenge and started investing $50,000 in the share market with live buys and sells. This will ensure complete transparency through this experiment. I will also be providing brief reasons for buys and sells as I go. To make the updates easy to follow I have created a $50k Challenge page on my site …