$AMZE - CEO: "Watch closely on Tuesday" and doubles ownership stake - up 50%
I've spoken about Amaze here before and why I think they're undervalued, with the products they're currently rolling out (Amaze Live, Amaze Commerce and now Amaze Media) being big potential revenue catalysts. After some volatility in the share price leading my previous posts, the price has stabilised - until yesterday, where it rallied 50% and seemingly reached a cap in overnight markets.
Why? For starters, last week the CEO doubled his stake in the company, spending the equivalent of half his annual salary on shares. If he thought they were at risk of delisting or falling even lower, he wouldn't be taking a risk like that.
Secondly, he's teased on his Twitter about a possible announcement today - "watch closely on Tuesday". What this is I guess we'll see.
With a sub $5M market cap this thing has a lotta room to grow.
Disclosure: holding 2,300 at 0.16