Ann: Outstanding Shallow High-Grade Copper-Gold Discovery, page-88

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McHale

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26/09/19

14:50

Post #: 40588901
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Originally posted by blackops8 ↑

Hi McHale

obviously the results have caught the MD by surprise. As he was recently off loading some share ?? Wouldn’t he be pissed off
See below:

This Insider Has Just Sold Shares In Stavely Minerals Limited (ASX:SVY) Simply Wall St September 11, 2019Investors may wish to note that the Executive Chairman & MD of Stavely Minerals Limited, Christopher Cairns, recently netted AU$103k from selling stock, receiving an average price of AU$0.21. However we note that the sale only shrunk their holding by 4.8%.Check out our latest analysis for Stavely MineralsStavely Minerals Insider Transactions Over The Last YearIn fact, the recent sale by Executive Chairman & MD Christopher Cairns was not their only sale of Stavely Minerals shares this year. They previously made an even bigger sale of -AU$103.0k worth of shares at a price of AU$0.21 per share. So what is clear is that an insider saw fit to sell at around the current price of AU$0.18. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn’t a major concern, though it’s hardly a good sign.Christopher Cairns sold a total of 827k shares over the year at an average price of AU$0.24. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Chris Cairns sold those shares because of family legal matters, had to be done, otherwise he is fully invested in SVY

SVY Price at posting: 80.0¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

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(20min delay)
Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $13.48M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.7¢	$7.961K	283.6K

Buyers (Bids)

No.	Vol.	Price($)
3	192275	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	40231	1

View Market Depth

No.	Vol.	Price($)
3	192275	0.027
4	720337	0.026
5	800000	0.025
2	700000	0.024
3	333500	0.023

Price($)	Vol.	No.
0.028	40231	1
0.029	33482	1
0.030	1045833	4
0.031	272377	2
0.032	400949	3

Last trade - 16.10pm 22/08/2024 (20 minute delay)

SVY (ASX) Chart

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