FEX 4.82% 43.5¢ fenix resources ltd

almost over, page-39

  1. 7,120 Posts.
    lightbulb Created with Sketch. 845
    Not sure... You've got a complete wood-duck as chair person he bought 3 million shares at 26c so would you be following his investment moves?

    A couple of board members have ZERO stock, so I expect they will take up some slack but as they will be entering at 3c (not averaging down like others) it really depends how many they are willing to pick up.

    I think if they are willing to really go balls & all (i.e. pick up ALL the overhang) it's a good sign. But there will be a mountain to soak up IMHO so we will see how much skin they are really willing to put in the game.
 
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