PCK 5.88% 3.2¢ painchek ltd

Ann: Notification regarding unquoted securities - PCK, page-8

  1. 995 Posts.
    lightbulb Created with Sketch. 491
    Nope, completely wrong.

    They said, "This stock has been going through a slow death since the directors selling their holding!"

    Given the stock price clearly lost its value as quickly as it accelerated, characterising the director's sale as a cause of a slow death is completely inaccurate.

    Coupled with the fact, that the stock price, particularly for a spec, does not represent the progress of a company... the comment was all the more pointless.
 
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