Its worth viewing the sale in context, as I am not in the slightest bit concerned about it. What I am concerned about is it being viewed negatively. With all due respect to Frank, his current role doesnt extend past the duties of a company secretary. He doesnt run the company or have any over-ruling inputs into the direction of the company. He also doesnt attend all director meetings, he is only eligible for those deemed necessary to fulfil his duties, given his experience - I might add. Hence, I can only view it in 'context' i.e he wanted the money.
All in all I am in the process of trying to nail down some key questions around dates, resource calc etc. Will post then depending on outcome.
VAN Price at posting:
10.3¢ Sentiment: LT Buy Disclosure: Held