Interesting that so much was generated by the director resignations. It really shows the market's negative sentiments to certain character(s). As for the purchases I was under the impression new directors would have to announce all share purchases and that large significant holders also had to make similar declarations?
I am not so worried about ex-directors selling. Even if they were holding back some catastrophe I am sure that any former directors with large holding would really struggle to sell any significant amount even if they wanted to.
As for the new directors we will have to see if they are up to the job. I think most of the past trouble was caused by the "skin in the game".
While today's gain might seem impressive it is still only a 8.4% retracement suffered after last year's shenanigans. If "trust" can be reestablished then I expect to see much greater gains. I'm still waiting.
VC
PS Great gains if you are a speculator that bought below 10.0. A glimmer of hope for long term investors.
AZV Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
