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4,833 Posts.
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24/11/12
04:36
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sussed this out today
15/09/11 shane sadlier director resigned from trf
shane was a director of rol.
shane resigned from rol 02/11/12
shane sadlier held 2,374,278 trf shares as per the annual report of trf 2011
2012 he has no declaration as a substantial holder.
i checked for a sub sh notice and then realised he did not need to declare as not 5% nor longer a holder.
SO WHY DID HE SELL HIS BIG HOLDING IN TRF AS HE HAD BEEN A FOUNDING DIRECTOR ?
MAKE OF WHAT YOU WILL BUT I SEE HIS RESIGNATION FROM ROL WAS A DECENT SCRIBE WISHING HIM WELL WITH HIS SCOTSGOLD VENTURE.
my big Q is why did he sell out from trf with such a large holding. he may still hold some but your guess is a as good as mine.
al in, i feel the agm's were very disappointing.
time to definitely move on but watch i will continue to do.
my 85 bucks worth went to 100 today. i wish for all to get something out of it all but i prefer to take my dough and venture new ground.
be good,
40.
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