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CU6

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CU6

Hi Shawn, Thanks a lot for providing very timely and precious advice on ASX stocks. I am a holder of CU6 and have seen the pricing move between $8.975 to as low as $1.430.  It is definitely not a stock for the faint-hearted. Recently, I have seen that the CEO became a major shareholder (5.04%) on 1/7/25, which was terrific news. One month later, he sold the entire 5.04% of his holding on 1/8/25. I do not know the reason for the sale, but what they did does not give confidence on Cu6. What do you think? As always, thanks a lot for giving us valuable advice

Answer

Thanks for the kind words, Peter,

I can see CEO Michelle Parker bought 296k shares on the 1/7/25, adding to an existing holding of 542,710 shares already held, but the sale on the 1/8/25 was TM Ventures, not Parker.

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CU6 insider transactions
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