Why would they sell at 53 cents when Richard Possum has told everybody they are worth over $2/share, and the shares were trading at over $1 12 months ago?
Did the Carr family desperately need the money? Or do they no longer believe in the CRK story?
Who bought the shares for $14.755 million? NGF? Probably not as it would have depleted their funds.
Looking forward to finding out the details of this saga.
Nice presentation today. But it is a long way to production.
loki
CRK Price at posting:
50.7¢ Sentiment: None Disclosure: Not Held