Ann: Change in substantial holding, page-18

Whoa, let's cool it with our man selling around 10% of his holding and the sprouting of myths.

Firstly, Danny supported Ironbark through the bad times and was key in management refreshment, even though I think JD did well to get the resource proven with the feasibility study then all the permits. Perfectly fine for Danny to sell for whatever reason, while still holding over 100 million shares, good grief.

Secondly, he didn't buy most of his holdings between 0.4c and 1.0 - the stock never went as low as 0.4c to start with. Danny's been buying for a few years now, I'd suggest from 6c perhaps higher, down to 0.5 cents. This link advises he had 116 mill shares in Sept 2019 when the price was around 2c and still falling.. do not advertise external links.au/companies/news/903309/ironbark-zinc-director-danny-segman-buys-more-shares-on-market-903309.html



Danny has got a lot of skin the game both in shares volume and their cost. My guess is his average would be more like 4c, so still a ways to go. He wanted to take some bucks for whatever reason and somebody bought them