director sells at 3.75 and 1.66, page-3

Directors were made to sell by margin calls...fact

Someone wishes to takeover part of the business...fact

It will re-open well above the last closing price imo


The hedge funds/and traders/shorters smashed the SP down to hit margin calls then would have bought all the way back up to 2.30 or so......as would the predator wishing to take a stake in parts of the company.

This.... although a company with issues.....still turns over a profit....has great market share of a product we all need...well families with kids do.... a dividend is payable shortly of 8cps....or 4% return on say $2 buy in price.

So in affect you can make 4% on $2.00 or 8% on $1 or somewhere in between.

Then some say put your money in the bank....at what 6-7%p.a less fees and charges.

4-8% in a month......I'll take that anyday.....and that doesn't include any SP rise....which it will from here.

Glad to have traded it well yesterday...just as glad to have bought another big wad before close yesterday.


cheers