AHN 0.00% 0.5¢ athena resources limited

Ann: Ceasing to be a substantial holder, page-5

  1. 7,543 Posts.
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    Appreciate it mate, good to see holders dont always lash out when presented with information like this.

    Im holding 1 million + AHN myself now, so do want to see this go up, and there appears to be enough volume and interest. Just dont like this web of directors.

    To be fair they got out at a good price 2.5.

    The worrying thing for me is that in the announcement you can see they say they ceased to be a substantial holder with the last trade made today (20/7/2020) so it was them dumping some more today to get under the substantial holder 5% holding.

    Its worrying that they were dumping today especially with drill results imminent and they are definitely insiders you can see by the table, a big web of these guys are very close, so if they are dumping privy to some drill result info it would not be a good sign.
 
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