Yeah I do agree.. Although they usually have very limited windows when they can purchase shares in and without knowing details around this it's hard to understand when they can and cannot and why.
I wouldn't be surprised to see some of the new non execs buying at these levels, it would be a huge confidence boost.
The conspiracy theories about the board being responsible for purposely letting or being responsible for tanking the share price is just not true. They don't benefit from a low share price and doesn't help them retire?
PC will retire once the board de shuffle is complete. JB still has years left in him so don't expect to see anyone 'sailing off into the sunset' at 3.5c per share.
As you mention it is very frustrating seeing what's happening over the last couple of years but it's all part of the cycle and unfortunately, being in the position of having a producing mine (ramping up) is probably the worst place to be at the moment in all honesty because of the capital intensity it takes to run couple with the tough selling conditions with prices so low.
When prices do recover meaningfully, then we'll be in a great spot to capitalise. Hang tight
SYA Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
(20min delay)
