We also had a director move 144k worth of stock into his super yesterday. Not the move of someone who is worried about the company, especially given the capping they have on conts these days. If he was worried about the share price he could have sold a small portion and used the PLS excuse of it's for tax and debt repayment. You don't burn 29% of your contributions cap on it. On the flip side of the coin if you think it is going to double or triple before you retire, well then that is a nice way of cranking your retirement savings and avoiding some tax. Take positives in the small things while everyone is gloomy
AJM Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
