NRZ 0.00% 0.4¢ neurizer ltd

I must be missing something here.We get a brill announcement...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 373 Posts.
    lightbulb Created with Sketch. 31
    I must be missing something here.
    We get a brill announcement about hydrogen in China followed by very upbeat interviews with Justyn.
    NRZ has previously hit 40c without any of the recent developments and yet, after the stock moved up well on Wednesday it has since tanked.
    Why on earth would a Director announce selling 2m shares right now at such a critical time.
    As a long term suffering investor and don't get the logic of his timing at all.
    So the SP has tanked to 5.5c after such a positive development.
    Don't get it.
    What am I missing??
 
watchlist Created with Sketch. Add NRZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.