It all was so good with the RPS and reserves, GDN so confident of a successful roadshow and getting options over the line then why were directors not buying in?????
That is why there was no real broker or institutional support - why buy when a director won't?
I have just asked the directors that question and a number of others in an email, I have requested but don't expect a reply.
I have read and reread ASX GDN news releases for the past 7 years, wish I had spent that much time before I bought in as I wouldn't have!
I'm selling out today, have had enough of this and now following where Mark Creasey has invested, bought a stack a month ago, last week and more today.
GDN Price at posting:
5.6¢ Sentiment: Sell Disclosure: Held