CZL 0.00% 4.8¢ consolidated zinc limited

Ann: Plomosas Mine Production Report October 2018, page-20

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  1. 406 Posts.
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    The only reason the directors have been buying is to provide price support to stop the issue to the Mexican's being overly dilutive. I guess not a bad thing from a shareholders perspective but I'm always suss on companies where insiders/directors start buying on market to prop up the price. Most of these guys will have boot loads of shares, performance rights, options etc. Buying a piddly $10,000 or whatever it was on market is for the sole purpose of propping the price.
 
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