Pirra, Noticed this change in substantial as well.
Have gone back through the Top 20 list and noticed that the relevant share holder held 9,310,002 shares in AXY and then sold 310,002. Looks to me more like just a rounding issue than anything sinister!
Despite W.staude not being the largest AXY holder, I would think this is definitely a good sign no matter how large or small the holding. Directors buying in any stock should be viewed as an extreme positive!
Furthermore, I would like to add that the stock has held up well around the 7c mark. This sort of consolidation is very healthy letting the punters get set for the next move and some bigger players taking some profits. Uranium fever is certainly gripping investment markets once again.
I have been in this stock since IPO and I have confidence in the new board to deliver us something big, which is possibly on the horizon soon!
AXY Price at posting:
7.3¢ Sentiment: LT Buy Disclosure: Held
