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Interesting,Issued Today.Essentially giving themselves $10k at...

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  1. 772 Posts.
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    Interesting,

    https://hotcopper.com.au/data/attachments/2245/2245014-4cf29b948d0d73f147a7fca6e585acd0.jpg


    Issued Today.


    https://hotcopper.com.au/data/attachments/2245/2245017-e6ffe486132d3c7801daac6e85b41c8f.jpg


    Essentially giving themselves $10k at this price.

    I'm glad we didn't see 10m go through today... I'll keep an eye over the next few days/weeks volume. See if they hold or sell. That said, management already hold a sizeable chunk before this announcement, so if they needed the cash, they could have sold some already.


    You can read into this one of two ways IMO...:
    1. Management need some cash, here's $10k If they dump now....

    2. Something is cooking, they are getting some shares now lined up before the news breaks?

    hopefully the latter.

    All IMO of course.

    Cheers
    MSN
 
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