He probably knows like many do, that graphite will be in short supply come 2023 . He also knows that VRC have got a world class graphite project. I guess its fair to assume that he is obviously very confident otherwise he would not commit another 600,000. Last time I checked he had plenty of stock . Enough to make him a seriously rich man if all goes according to plan. So he certainly does not need to acquire another $600,000 worth of stock. BUT he has chosen to do so. The question I have is why shareholders would choose to sell at this point in time knowing that someone very close to the company is happy to invest another 600,000 dollars. Thats no small change in anyones language. Perhaps you can have a go at answering that one. I have struggled to come up with a logical answer.
Cheers.
VRC Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
