FER 0.00% 2.0¢ fermiscan holdings limited

buying, page-11

  1. 317 Posts.
    well, the directors have to pay 30cents for the shares in escrow, you multiply those shares at 30cents and it a lot of money, so i think that is why they are not buying yet,saving there cash to exercise the escrowed shares when they become available. I believe it is one person selling, has been slowly dribbling them onto the market in 10000 lots. From info from the company it is being done through a broker in melbourne, about three weeks ago they had about 350000 left, they would be prepared to sell in one hit if someone wanted them. It is frustrating, but i believe in the product, so will hang tight.
 
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Currently unlisted public company.

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