The only reason the directors have been buying is to provide price support to stop the issue to the Mexican's being overly dilutive. I guess not a bad thing from a shareholders perspective but I'm always suss on companies where insiders/directors start buying on market to prop up the price. Most of these guys will have boot loads of shares, performance rights, options etc. Buying a piddly $10,000 or whatever it was on market is for the sole purpose of propping the price.
- Forums
- ASX - By Stock
- CZL
- Ann: Plomosas Mine Production Report October 2018
Ann: Plomosas Mine Production Report October 2018, page-20
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online