Originally posted by Bearwolf
It's certainly someone that has some decent levels of stock. It doesn't necessarily follow that the reason for the sale is something to do with the company's performance. The reason for selling could be purely to do with the finances of the person, persons or entity selling.
BW, if they are selling now, they are loosing money, or have been given stock along the way, that could mean they are in the know and getting out. This mob are hopeless of keeping share holders informed, which is contrary to their website in regards to their commitment to shareholders. I cannot understand how company of this value is not made to make quarterly cashflow statements to the ASX, like a lot of other penny dreadful stocks, that this company is. NOW THE EQUIVALENT OF1c