A future drill bit change was advised. No problem with that. Maintenance while drill bit is being changed good management.
My problem is the significant price colapse as soon as the announcement came out on 14th. Someone new what the ASX didn't and that was when the bit change and maintenace was to happen.
So while people are scratching their heads about the reason for the selldown others in the know are taking profit out of the market.
Insider trading at its best.
GDN Price at posting:
12.6¢ Sentiment: Hold Disclosure: Held