Why haven't we seen buying by Boon, Marchant and McConnell?1)...

  1. 478 Posts.
    Why haven't we seen buying by Boon, Marchant and McConnell?

    1) Boon hasn't voluntarily bought one share since May 2008. He did subscribe for 6,000 x $1.25 in a rights issue in Oct 2008.

    2) Marchant has never bought a share. Has a few shares arising from "performance rights". A joke.

    3) McConnell has never bought one share. Doesn't even hold the 1,000 required by PaperlinX's constitution.

    Only two possibilities readily come to mind, they:

    1) Believe they won't be needing to hold shares soon; or

    2) Read and believe my charts on suX, looking to buy at < 8 cents.

    I don't interpret either as directors' support.
 
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