More selling surrounding a Director!
I was told by Management that the placement was to sophisticated investors who had a long term view of the company..... I did not expect the director to be selling 3 times within a few months of the placement.. (nor even once in a few months shortly after the placement) ..a freekin director! The guys who are saying, yes EXM has a future, Yes it has a much higher SP to climb to... same guy who has a say at his little aspermont meetings.. is selling the shares in the company which he is trying to promote!
I am not purposely trying to make management look bad,, but they are doing this on their own.. How does it look at the London presentations wen prospective investors look at the latest announcements only to see the page littered with 'Appendix 3Y - Andrew Kent'
Andrew Kent has not done the shareholders any favours and actually is contrary to his duty to provide shareholder benefit
I have been in this stock for about a year now,, but I tell ya, I am losing faith.....
On the other hand, I think Lagdon has been doing a better job that previous Managing Directors, although he needs to grab his other directors by the collars and pull them into line.. TIM,, GRAB BAJADA AND KENT, PUT THEM IN THEIR PLACE OR SEND EM PACKING!
Anyways, that was my 2 sense.............................. out
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