I have noticed that there has been some small off market sales by the directors of SYN in the last couple of months. Total of 302,300 odd shares sold by 3 directors as per the notices in Nov & Dec 2005.
These are obviously a drop in the bucket when compared to what they continue to hold but what I was wondering is does anyone know were these would be going and why?
The share price has been trading between $2.10 to as high as $3.26 since August 2005 with only 1,300,000 million traded.
Are these director sales anything to worry about or just someone taking a position.
It does seem to have stagnated a bit the last few months without any news or rumours to drive it and one tends to think negative thoughts now & then.
If the chairmans letter is anything to go by though the company looks to have some good prospects that may well lead to a further rise in the share price in the new year.
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