re: Ann: Appendix 3Y - Change in Director'... Dazza
I agree that the amount of shares Walawski bought- $5k worth - was in itself largely nothing to write home about. But with the ex-chairman spitefully dumping stock, and the games of the large traders tossing the SP about, along with the negative reaction to the last announcement. This purchase, along with Brown extending his escrow period, have largely been symbolic moves ... they essentially did nothing, except send a positive message to the market.
I for one felt it was a positive, mainly because they have shown on a number of occasions already, that they are interested in their shareholders, and maintaining shareholder value. Now the accusation has previously been raised here that they have done this to perhaps try and prop the SP, maybe for a higher placement, etc. I certainly dont think so, and anecdotal evidence seems to support that.
I am finding this one quite fascinating ... Will be very interesting to see how it all unfolds!
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