XST 0.00% 0.9¢ xstate resources limited

Like I said, tough crowd. Not going to dispute that games get...

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  1. 1,237 Posts.
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    Like I said, tough crowd. Not going to dispute that games get played on the ASX, but a director buys shares and people automatically think it's a smoke screen or some trick to manipulate other holders? Ok.

    If there was some ulterior motive however, you'd think it would be more than $24K wouldn't you ? Just 6M shares bought. Hardly going to move the price enough to let some trapped holders out.

    He's a NED and sits on the board of at least 2 other ASX companies. Most likely just reinvested his director's fee - and the $24K could've gone elsewhere. Anyways, not sure there is a conspiracy for this one and like you, just want to see the price move up.

    Cheers.
 
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