re: Ann: Change in substantial holding - J.P.... I too see the director buying as an attempt to shore up confidence. $26k is a throw away amount in terms of what the MD holds so to me its more to demonstrate to the market management still have faith in the project. What doesnt shore up confidence is JP Morgan selling $2.6m. Now if JP Morgan sold $26k and the director brought $2.6m then i would feel very good.
JP Morgan also had some great foresight to sell prior to the last announcement!
We certainly sit in the high risk category and if things dont fly with Timeone we will be in a world of hurt. I just cant see how we could go back to the drawing board if Timeone pulls out given the SP, funds in hand and market/investor perception. So we really need this to come off and i wonder if Timeone think the same way therefore they can do as they please as they know the pin wont get pulled from PLVs end?
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