Oracle, it certainly looks that way and I would have to say unexpected selling by director at a time when sentiment was running high would have had an adverse impact on confidence and cutting momentum in its tracks.
But perhaps it could also have something to do with moving from quarterly to six monthly reporting as we are flying blind right now with question marks hanging over performance due to director selling.
I must say it is disappointing and maybe a bit of an update from management could help to ease some of the uncertainty right now.
Dom has every right to sell if he chooses however don't know why he would do it at such a discount given his positive outlook.
CM8 Price at posting:
17.0¢ Sentiment: None Disclosure: Held
