VAN 0.00% 4.7¢ vango mining limited

frank sells 30% of his shares, page-19

  1. 1,499 Posts.
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    guys I post with a caveat that I am defending a friend. (not that he needs defending) Frank has legitimate reasons for selling. He is young (albeit extremely bright). He is not wealthy like some of the top 50 holders, he has reasons like some of us have during this time of year like CGT tax offsets and tax min. etc plus a mum in need in Hong Kong. having said that he still holds over 4mil in options and shares. The options he plans to fully excercise. He had the courtesy to call me after the announcement. He didnt have to. So I believe him. Why not everything he has told me over the last two years has never been in error or anyway misleading. Peter is buying more simply because he can and is more financial. So its up to you to judge. as usual your call. From my point of view is no big deal, he has a right like all of us to talk profits when the need requires
 
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