CMC 0.00% 1.1¢ china magnesium corporation limited

re: Ann: Change of Director's Interest No... PS. Director buying...

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  1. 17,111 Posts.
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    re: Ann: Change of Director's Interest No... PS. Director buying also means there is NO PRICE SENSITIVE new in the pipeline! Ie the status quo will exist for another few months: Minimal production, no placement, no loan, no dolomite acquisition.

    We can assume that the loan is history as is the placement and the dolomite acquisition and there is no improvement in the outlook for production.

    A director would otherwise have been unlikely to be able to buy any shares given all the overdue price sensitive items.

    The on market purchase is the clearest sign we have had for months that none of the above will ever happen and are now pure fantasy.

    How else could a director have purchasd? I think 5c and below is on the cards once this sinks into the wider shareholder base.
 
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