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4.3¢ liquefied natural gas limited

I understand that Directors cannot buy within a certain time of...

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aaron.holds

179 Posts.

9

11/05/17

15:33

Post #: 24629937
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Originally posted by mrwalker ↑

Great to see more Director buying yesterday. I'd buy more too if I had the spare cash. I don't know what the permitted window of Director buying/selling is for LNG but it would seem then that news of a BTA would still be a while away as Panorama stated. GV did state that it would be 6 - 18 months away late last year and I'm prepared to wait but would it be reasonable to assume nothing will happen this side of 30th June when the 6 month extension on the KS JV EPC contract expires also? My point being, every time a Director buys, can we say okay, we now know that there'll be no game changing announcement for at least a couple of months?

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I understand that Directors cannot buy within a certain time of an announcement being made, however, how can you say for certain as to when a BTA will be signed? If it is true that they are finalising BTAs I would assume that the deals could be done at any point in time. On the flipside, management have been saying that they have are in the process of finalising BTAs of a couple of years now

LNG Price at posting: 71.0¢ Sentiment: Buy Disclosure: Held
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