ARL 0.00% 39.0¢ ardea resources limited

the options went to Heron Directors, Lead Manager and Corporate...

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  1. 2,822 Posts.
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    the options went to Heron Directors, Lead Manager and Corporate adviser - see image below from IPO doc. At this stage, best guess is there is one Heron director dumping shares, but we don't know how many they will dump. I personally believe today was as much about the AUZ announcement on the back of already soft sentiment - CLQ down 6%, AUZ 5%. Barra and St George held up but they aren't laterites. 

    https://hotcopper.com.au/data/attachments/1447/1447030-6084527840441d4b7f686925ad25efba.jpg

 
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