I take this as a positive message because of 2 things:
- The directors only need to sell a minimum amount of shares to fund taxation. They still own heaps (most of the company) and "has no intention to sell any further".
- 2.65M shares sold recently explained a bit of selling pressure. Now its over so we would expect some tailwinds next week.
Ann: Change of Director's Interest Notice x2, page-3
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Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.00M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.7¢ | 3.5¢ | $64.15K | 1.782M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1233381 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 415459 | 2 |
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