@sichowdh confirmed last week he sold out a chunk at .040c or something, his sentiment still states hold, so assume not his entire parcel, but likely a case in point of what i was saying.
Its not being weak handed. Its about capital preservation. Buffet 101.
If anyone has experienced the dodginess of overseas management in the likes of SYT, you are in your right to be sceptical of what is occurring. Big deals with big players, but an every reducing share price. Very bullish announcements and deals, only to be led to slaughter and management making hundreds of thousands along the way.
Do i think that is occurring here? No. Do i think that management need to up their game in the way they communicate and time things? yes.
Fair Value Doug at .043c only to now by 1c lower in a week.
LDX Price at posting:
3.2¢ Sentiment: None Disclosure: Held
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