>>Unfortunately today ALA went red on another confusing release, and the market agreed as people we happy to sell down their shares.
It was down 2%, after some solid gains in recent times. Hardly concerning.
>>IZM shares crashed -20% today from 10c to 4c
And LBY jumped 25%.
>>What's also concerning is that these transactions do not need regulatory approvals
Plenty of companies hold stock of other companies. I don't see it being much different. Whether they are the right decisions is a different discussion entirely.
SP1 Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held