He holds 25m shares but last year he sold two big parcels... one lot in the $1.30s and another lot in the 70s.
Robert Schuitema, Laurence Freedman, deputy chairman Zhigang Zhang and Ningping Ma all sold shares in PET picking up a combined total of $37.8 million... since then the business has been decimated. It definitely doesn't smell right.
ZZ bought in cheap and was showcased as a direct link with China, he sold high and made a great profit and now has resigned leaving shareholders confused and hurt in the pocket.
DYOR but as much as I would like to get back into EVS I won't, not until the PET audit is released. The risk for me is too high.
EVS Price at posting:
19.5¢ Sentiment: None Disclosure: Not Held
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