the answer is no.
He (Fogarty) would not need board permission. Not to say he wouldn't have discussed it with the chairman and CEO.
It may well not be Macquarie but Macquarie is the reason I bought into GRD. And Fogarty selling them for $2.35 indicate to me it is Macquarie. That is a very good price for such a parcel.
Tomorrow should be very interesting. Extremely undervalued company.
