JRV 5.56% 1.9¢ jervois global limited

are associates of directors bailing out, page-4

  1. 95 Posts.
    Binone

    Lots of people have exited and made a profit in the atmosphere of the recent inflated sp due to speculation about Intec's intentions.

    What is now clear is that Intec's stake is strategic, they are not going to over-pay (in fact they have already sold some shares at these inflated prices) and they may have no ambition to go any higher, unless perhaps the price returns to realistic levels (remember they bought at an average price of 1.16c).

    My point is that the smart money, ie those who know how inflated the sp is as a result of unrealisitc speculation, is lightening their exposure to this company.....and that includes interests very close to the two senior directors. DYOR.
 
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