ARD 6.67% 1.6¢ argent minerals limited

They just raised in late May – probably taking advantage of a...

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    They just raised in late May – probably taking advantage of a higher share price before results.

    Taking a pessimistic view, this behaviour would be because the results are sub-par and they want to cash up in order to afford another drill round before they tank.

    Taking an optimistic view, the directors and others with close ties to the company are getting more heavily invested ahead of the positive drill results.

    All IMHO and inclined to think it is the latter!
 
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