WGP 11.1% 1.0¢ westralian gas and power limited

director sold 1 million shares last friday, page-10

  1. 11,407 Posts.
    i dont like directors selling but understand they sometimes need money.

    However when they sell when the shares are lpeaking at their highest ever point...I think its a bit suss.

    If they sell when the price isn't doing a runner...we wouldn;t be suss. Anyway..its his business...just doesn't show the market that price he sold for was sustainable.

    And a big retrace today. Probably a good thing before the next leg up and more news.

    Hope they pull it together and good news is coming or we may see it travel down to low 20's.

    Bring on the news WGP.
 
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