There are conflicting signals here.I have averaged down so will see how it plays out in the medium term.Not happy about director selling but I suppose they have their reasons.The most important factor to me is the company making a profit and pulling out expenses with the merger.They have recruited well and appear to have a profitable business as per disclosures.From the major holders point of view SFG was valued at $18 million based on earnings of say $2 million.Current market cap of MWS is $8 million so the major holders/directors are out of pocket too so hopefully have a set amount to sell and get on with business.
SEQ Price at posting:
0.2¢ Sentiment: None Disclosure: Held
