MON 0.00% 29.5¢ monarch gold mining company limited

He buys to encourage "wood duck"investors to fork out there...

  1. 15,774 Posts.
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    He buys to encourage "wood duck"investors to fork out there cash.

    He is mutli millionaire who invests 180K before raising cash from the public. Dont forget he owns millions of shares in this company so he does it as he knows most investors view directors buying as a positive.

    Think about it - he lays down 180K and tries to raise 25 million. He owns most of the shares in the company.Not rocket science.

    consider how much he was invested vs how much he has raised from shareholders. Also, how much dod he make in the ipo when he floted this company

    By the way does he get paid from MON. I cant be bothered looking, if he does then it is even a bigger joke.

    c
 
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Currently unlisted public company.

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