hi hotazel everyone to there own, I rather see director's buying...

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anthonychea

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10/06/14

18:55

Post #: 13506941
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Originally posted by Hotazel ↑

Crickey!! Anthonychea,

You're being persuaded very easily. (Exactly what the BOD is hoping to achieve - get guys like you to start buying)

IMO - I see this as a warning bell. We are dealing with very different situation than would normally be the case for directors to buy on-market - it sometimes happen that a BOD will hold a crises meeting on a Friday afternoon to consider what damage-control actions must be taken to TRY and TRY and TRY to restore investor sentiment/confidence in the company and its management, following a massive vote of NO-confidence (drop of 13% in SP value) when they thought the SP is going to lift off.

So they all sat around the table, whisky in hand and decided that they should all buy some share on market "comes Monday" because all the dummies (investors)will then start getting on board. But they have misjudged the IQ of Mr Market.

This onmarket sharepurchase is a last gasp in an attempt to try and pull retailers (like yourself) into the net. Like another poster said, the "director's window" to purchase is open - Meaning not much, if any, further news flow for some time from hereon- nothing that will "re-rate" and "re-rate" as they had expected. The last gasp attempt is to try and lift SP so they can proceed with a CR.

Happy buying.

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hi hotazel
everyone to there own, I rather see director's buying and selling anytime of the day

SDL Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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hi hotazel everyone to there own, I rather see director's buying...

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