ARI 0.00% 2.2¢ arika resources limited

Directors purchasing now sickens me

  1. 1,150 Posts.
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    Have a look at all the directors now buying shares once the price has tanked because of their decision to place shares at the pathetic price of 48c. It would seem very reasonable (like most other ASX companies), that they may have been allowed to purchase shares after the announcement of their eoy results - did they - NO. Donkeys like you and I bought thinking that all was relatively safe in the house of ARI - little did we know! And no that the share price has been trashed by the same directors who made the decision to place shares at this pathetic price - out comes their cheque books to buy up at prices around 40c. Sickening.
 
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