John Pettigrew obviously has done us shareholders a disservice by dumping his entire holding of 15,000 shares on market 9 days after the end of year results at a price which is considerably lower than the darkest days of the GFC ever managed to bring about.
I hope that he has personal reasons to clear the decks that I am not privy too, or I would consider this an untimely vote of no confidence in a company that he is actually employed in to promote. If anyone has any light to shed on this transaction I would be grateful to hear of it. This stock, if it is ever turned around, has a NTA over twice this level and the capacity to pay a huge dividend on these current trading prices and yet features little as a topic on hotcopper. Is this as dodgy as the falling price and fast exiting Directors indicate it really is?
Is it a bargain, or a pup?
well thanks john!
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