Repeating an earlier post, with regards to latest sales, the following should be noted:
RAB sold 19.5 mill shares which were part of 39.5 mill shares issued to sophisticated investors on 13 Nov 09 at $0.006/share
They were sold over 7 DAYS ago at above $0.06/share. The share price did not PLUMMET at that time. RAB behaved as any sophisticated investor should
A director sold 2 mill shares on Jan 19 - 9 DAYS AGO. I don't recall rats leaving a sinking ship that day. In fact, on that day, shares rose from a low of 0.061 to close at 0.069
Further, I note a long-standing 2 mill buy order was filled yesterday at 0.054. Could that be the same director? We'll find out in a few days
Another poster noted yesterday that the Ultimate Oscillator has ticked up, despite the share price going down. Such divergence is a bullish sign. Need to see on Friday for confirmation
what the director did
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2.1¢ |
Change
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Mkt cap ! $51.84M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.0¢ | $82.21K | 3.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1315249 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 250000 | 1 |
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| ADO (ASX) Chart |