In the Shareholder Newsletter of August 2011 Mr Manusu made a statement saying "Further, the Directors strongly believe in the future of NuSep and have shown their support by actively buying shares on market" leading up to the close of the SPO on August 2011. At this time NuSep (NSP.AX) was trading around 12c. It is now around 7.5c.
Why has there been no buying on market by directors since? Have the directors, who should know more than the rest of us, lost their belief in the future of NuSep? Were they just talking it up in 2011 to entice shareholders to buy at the SPO at 10c? Is this the matter that the auditor was referring to when they accused the board of "creating a false market"? If not, what was the specifics of the matter that the auditors reported NuSep to ASIC?
august 2011 director buying...gone
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.00M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $27.25K | 5.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 18776263 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4886329 | 3 |
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