Well obviously he doesnt see value in holding those shares anymore. Tale it how you want but that is always a bad sign for me.
I held for a while because I like the story but I had to sell after watching management achieve next to nothing of two years and then I read a financial report stating that the directors had collected 'consulting fees' on top of their salaries. What a pisstake! Yes the sharprice spiked a bit recently but thats really attributable to hydrogen hype rather than any progress from the company. Where is the update on the char kiln? when will it be finished? how much will that cost?
As I said, I love the story, its exactly the kind of thing I want to invest my money into. Just can't see any real outcomes happening at the moment.
ECT Price at posting:
3.0¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)