TXN 0.00% 58.0¢ texon petroleum ltd

wilcox coolangatta, page-11

  1. 15 Posts.
    agentm, what makes you adamant that the directors themselves are the ones flooding the market with shares? imo what we are seeing is nothing more than a share purchase plan overhang coupled with a general market that has been down over the past few weeks. follow any other oil and gas stock and it's the exact same story. facts are, the directors still hold a massive parcel of shares and would clearly benefit from gaining a higher SP before unloading.. they also know the share is undervalued right now..
    when the news starts flowing and the market has a nice recovery things will change
 
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