KAR 6.18% $1.60 karoon energy ltd

If that is true (and we never know, don't we), why would he sell...

  1. 697 Posts.
    If that is true (and we never know, don't we), why would he sell so close to the actual drill result.
    It looks like a massive tamper tantrum because he (with Erwin) did not get his way.
    Don't think that comment paints him in any better light.
    But.... that is his decision.
    Yesterdays announcement dated the sell as 3rd Nov, so i assume that is only the sell that decreased holding to under 5%. So last couple of days could be the rest of the holding.
    However, the sudden dump after the spud announcement does not makes sense in this context.
 
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