re: a little light is shed G'day Discoveryman,I personally don't...

re: a little light is shed G'day Discoveryman,

I personally don't think that the Directors selling 2m shares had anything to do at all with current SP events.

The 2m shares were sold out of the Directors non-escrowed holdings (they have voluntarily put ALL of their escrowed shares back into escrow). It is worth noting that they did not sell their shares on the market but placed them with institutions through Lodge. I am 100% certain that if the Directors knew what Rapid Ratings were about to do then they would not have sold the shares. They have always demonstrated excellent ethics in the past and would not do such a thing.

In all of this, it is worth remembering that SP fluctuations have nothing to do with the value of the company. The Directors of this company have always stated that they are intent on building a company, not manipulating a share price.

Give it a few days and all of this rubbish will be history. Meantime some traders will make some money, some will lose some money and investors (like me) will be unaffected. Though I do have to admit that it was just too tempting and I bought a few more yesterday.