SRS 0.00% 7.1¢ spicers limited

cattermole buys - harry hides, page-6

  1. 478 Posts.
    Why haven't we seen buying by Boon, Marchant and McConnell?

    1) Boon hasn't voluntarily bought one share since May 2008. He did subscribe for 6,000 x $1.25 in a rights issue in Oct 2008.

    2) Marchant has never bought a share. Has a few shares arising from "performance rights". A joke.

    3) McConnell has never bought one share. Doesn't even hold the 1,000 required by PaperlinX's constitution.

    Only two possibilities readily come to mind, they:

    1) Believe they won't be needing to hold shares soon; or

    2) Read and believe my charts on suX, looking to buy at < 8 cents.

    I don't interpret either as directors' support.
 
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