Surprisingly, they disclosed the shop they did it through. They signed up a new director recently and lo and behold, his most recent job was at this very same shop.
Although immediate reaction was one of disgust as seems like they are looking after their mates, I actually now think it is positive for everyone as some big backers out there who probably get a closer look at the insides of the place than all of us and seem very supportive. I suppose you would be when you have 17% gain in one day!
As long as management delivers value to all S/H, then I will be happy. But if not....
P.S. The NSW tariff ruling should help everything along as well!
JGL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
