nsh says:"we see now why those shares got sold. Resignation of...

nsh says:

"we see now why those shares got sold. Resignation of Mr Ross Dobinson."

how does Dobinson selling his 450,000 shares explain:

- numero uno (Doran) selling his 300,000?;
- Jansma selling his 400,000?; and
- the other sellers?

suspect you are not saying that the other directors sold out of reduced confidence in ROC due to Dobinson's departure, but am not clear on rationale to that comment?

see the following link:

http://www.theinsidetrader.com.au/index.php?siteid=1&action=page&page=director_stats.html

"Now, finally, we have some cold hard facts to back up this intuition with the most comprehensive study on Directors’ trades – ever. We have analysed 6,837 Directors’ trades over a 4 year period from Sept 2003 to Sept 2007 and found that, on average, Directors have outperformed the general market by a factor of two with an average one year gain (including losses) of 51%*"