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hey jeff how you feeling?, page-40

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El Jefe

6,066 Posts.

882

02/02/15

17:03

Post #: 14683935
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Originally posted by BadComputer ↑

Dir Edwards sells 6 million four hundred thousand shares 17 days before this and we ok with that?

How management conduct themselves is paramount in my so called investments. This has a really bad smell to it for mine, and leaves a sour taste.

i recall the silly posts at the time about how it had been timed to allow for great news so as not to breach asx rules and was simply a transfer to his super.

no, it was a sale of shares, with curious timing.

management should issue an explanatory note in my view. finding it hard to put a positive spin on events. they say if it walks like a duck and quacks like a duck....

you can all mop up the selling thats coming, great time to top up, blah blah... but what does all of this say about the company we are invested in and the management running that company?

very much back to looking like an unorthodox spinner with a suspect action at the spec end of the market.

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He is probably feeling pretty damn good I would think pondering how much he saved by getting out at maybe 20% more than what today's close is, but of course it's just coincidence.

OBJ Price at posting: 7.7¢ Sentiment: Hold Disclosure: Not Held
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