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Ann: Change of Director's Interest Notices x 3, page-24

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183 Posts.

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06/06/24

14:56

Post #: 74196518
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Originally posted by dbd25: ↑

...and by selling a huge chunk of shares, the BOD undoubtedly would have triggered concern with many shareholders with the widely held belief that "directors selling shares" is usually a bad sign. On the other hand, the German's buying in was a very good sign. But the whole thing was badly handled at the time, the name of the 'strategic European investor" was withheld from the market for a while. I'd go as far as to say that the BOD tried to use the German investment as a cover for them selling down. They knew that even if the options went out of the money, they'd each be left with a big chunk of cash. The SP continued its sharp decline throughout the remainder of 2021.

All IMHO, DYOR

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Actually they sold those shares and used it to convert options... adding to the capital reserves. Probably why noone really complained at the time.

VRX Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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Last 3.8¢		Change -0.001(2.56%)		Mkt cap ! $23.87M

Open	High	Low	Value	Volume
3.6¢	3.8¢	3.6¢	$1.292K	34.65K

Buyers (Bids)

No.	Vol.	Price($)
4	232904	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	48632	2

View Market Depth

No.	Vol.	Price($)
2	32813	0.036
3	347718	0.035
1	100000	0.034
1	50000	0.033
3	4968	0.032

Price($)	Vol.	No.
0.039	48632	2
0.040	250000	1
0.041	313234	3
0.042	328937	3
0.043	9523	1

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