Bergen Selling their shares in US makes sense, but that surely needs to be announced here at the ASX. you just cant transfer securities from one exchange to the other.
I still think they haven't got access to their 90M shares yet otherwise they would have dumped at least half of it by now taking out the 0.06c line in a hit and a 100% profit. And i said half of their holding assuming, if and only if, they intend to hold on to this beauty. Having said that, them not selling again is a good signal as it means they are sure the price is going to go up and they would sell later into critical support prices like 1c ....1.5 cents etc ...
No Advise .... PDYOR, and good luck to all !
Regards
Gaurav
sp, page-19
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