It is important to be factual poster invest
The director did NOT dump shares
He has resigned from a company called Shan Holdings and because directors are required to report all holdings
linked to them individually, in companies trusts etc he has reported this. Note -- Non cash valuation nil
This is very reckless and unfair commentary as a lot of new investors have come on this week. The short term ones are holding nervously and may well sell if they believe directors are dumping shares.
Number disposed 2,520,000
Value/Consideration
Note: If consideration is non-cash, provide
details and estimated valuation
$Nil
No. of securities held after change 77,360,461 fully paid ordinary shares
Nature of change
Example: on-market trade, off-market trade, exercise of
options, issue of securities under dividend reinvestment
plan, participation in buy-back
Ceased being a director of Shan Holdings
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