I still can't get my head around the directors selling at $1.36 in a supposed oversubscribed sale... since then the SP has plummeted. I can't help but feel that the average investor was stabbed in the pocket... it wreaks to me.
Yes, the directors are well within their rights to sell and take some profit but we are talking $20mil for one director... he didn't do anything here for nothing, he was rewarded handsomely and made a massive wad of cash here by the looks of it. Havent seem much of him lately though after months of spruiking.
I'm glad that I pulled the pin. I made some good cash but I feel for the investors that got sucked in just before the great sell off that was meant to be some great positive moving forward.
In my opinion the stock stinks.
- Forums
- ASX - By Stock
- PET
- Ann: Macquarie Bank Conference Presentation
Ann: Macquarie Bank Conference Presentation, page-19
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add PET (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
PET (ASX) Chart |
Day chart unavailable