EAX 0.00% 20.5¢ energy action limited

great acquisiting, page-43

  1. 3,568 Posts.
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    Sylah

    Not much else from memory, but I think the Chairman, talking to two or three shareholders, said that they thought it best for directors to sell a small amount of their considerable holding in preference to diluting shareholder funds with an institutional issue. (But he would say that.) I got the impression that he appreciated getting some cash for his share sales - to 'reduce the mortgage' or words to that effect.

    I note that the insider selling / institutional buying (if it is that) has stopped for now. Maybe a break for Christmas?
 
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