something fishy with Mark Rowsthorn

  1. 8,109 Posts.
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    Something doesn't stack with this stock.

    The recent market updates have been consistently ok (ok against the shareprice).

    if this stock had low insider support then I would just place it as none of the insiders have skin in the game and the directors are just like deer caught in the spot lit.

    But there is a significant insider on this stock Mark Rowsthorn.

    He owns 30% of this company and he is not supporting the company by buying even at these low prices.

    what is his angle?????
    Is he waiting for the share price to drop to near nothing and then do a massive dilutionary capital raising.
    How can he benefit from this? obviously he would subscribe for his own allocation, but he could also form part of the underwriting team. Whoever doesn't subscribe to the shares gets financed by the underwriters. This would form a cheap way for him to increase his exposure.

    Or is it that this guy is actually not very smart, a case of first generation making the money and subsequent generations loosing the money. His father was the generating force that made the family money through TOLL holdings.
    Maybe he is only there because of the wealth his father made, and he is not smart enough to build on this wealth.

    time will tell.
 
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