Ross H was an early investor with his own money. He's left board now and I would expect will slowly sell down ... he deserved to make some coin having taken on ksx as a basketcase and turning around the company. Thus i'm afraid think the selling pressure will continue for a while. I do think however that there will be less dumping
I have to admit i did not forsee this board turnover being so extensive or damaging. Although I did expect some movement as early investors took cash off table. To underline this and for the record I sold 80% of my oppies so have been stung on the last holding of ops in the past few weeks. ouch!
The optimistic side of me believes that this is the darkest time shareprice wise and I would expect that bruce m and co have plenty of incentive to buy in coming months. I imagine our major investor topping up around .25-.35 and giving new impetus to the shareprice.
I also envisage new sales channels in europe and US and for the shareprice to have recovered back to the .40 mark in time for ops expiry. For the product and potential they have, peer value etc. I think isn is a $100m company all day long. as always dyor imv etc
ISN Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held