That makes zero sense. If he knew they were good he would not have sold. There are 2 possibilities here 1) He knew the results were not going to get the price above 15 cents any time soon so he sold. 2) he didn't know the results and just took the opportunity to cash out some of the profits from a 10+ bagger ( I don't know exactly how much he paid) We will never know the real reason but you would hope that's is all above board. Although anyone who has been around these penny stocks for any length of time knows that pretty much anything goes at this end of the asx
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