Have to agree with you there...always seems someone wants out of...

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samson77

1,223 Posts.

13/04/16

11:21

Post #: 17491020
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Originally posted by JLB1865 ↑

He is the master of mixed messages to me, I can't get a read on this company at all.

After the clumsy SPP was extended to give investors time to digest the announcements that never came, unless you count the "infomercials" that were released, he started buying indirect on market shares which just looked like a token pumping of the SP more than anything to make the SPP "discount" a little more attractive.

And the last market update less than 2 weeks ago talked about the significant interest and major deals under negotiation etc etc yet here he is buying direct shares on market, which means to those paying attention ..... he can't buy shares before a major announcement.

So on one hand, great to see a Director putting his hard earned back into the business, but on the other hand it looks like behind the scenes the company are doing a lot of talking about deals without actually landing any.

Still sitting on the sidelines here but tempted to take a bite later this week, no major announcements just yet but wink wink, the Directors money is smart money and I always follow the smart money. Sentiment upgraded to hold, but it may pip a little lower this week I feel.

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Have to agree with you there...always seems someone wants out of this stock, yet the director has been actively buying. Confident things will come good, but the time is has come to close some (major) deals.

IVO Price at posting: 3.4¢ Sentiment: None Disclosure: Held
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Have to agree with you there...always seems someone wants out of...

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