GNM 4.17% 1.2¢ great northern minerals limited

Does low SP perhas suit the management?, page-2

  1. 6,750 Posts.
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    This is all IMO
    There is or shouldn't be a company that is listed on the ASX that would want or deliberately prefer to have the share price kept down, thats the role of the share price manipulators that could be keeping a lid on the price for accumulation purposes.
    Management or in this case Mr King is the largest share holder of this company by a long way and I wouldn't think he would be looking to grab anymore, as for the options, I was previously critical of the options that were issued to management solely because the share price at time of issue was at or near to the options exercise price, making them money for jam. The recent options issued have at least some way to go before the exercise price is reached, (ASX down) from memory 3c or 3.5c.

    The share price will falter/stagnate as traders move money around waiting for news to be announced.
    GPP currently have some news due:
    Decision of the government grant for the OHD (due mid Nov)
    Results from trench assays

    cheers
 
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