HAW 4.76% 6.0¢ hawthorn resources limited

hypothetical reasons for directors share dump

  1. 1,551 Posts.
    There could be many reasons why the Directors off-loaded their shares, among them being the following.

    1. Could have sold them to well known investors already involved in the Yilgarn hailing from UK. Maybe one of the directors visited the UK recently and had discussions direct. By selling their shares in this manner to them would save the UK investors considerably, probably would have had to pay up to 3.5-4c if they had to chase them on the open market, without the help of a helpful seller. That is one scenariou.

    2. Needed liquidity for some other more pressing deal.

    3. Needed the money for another play in the Yilgarn, involving a gold play or direct investment in Saracen.

    4. Any other reason you could think of, or invoving all or part of the above.

    Should be an interesting week ahead.
 
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