CAP 6.00% 9.4¢ carpentaria resources ltd

not performing at all, page-12

  1. 5,250 Posts.
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    I sold a trading parcel this morning due to overall market sentiment.

    The recent director selling is not sending out a good vibe.

    Stan Mcdonald has 500,000 options still to exercise at 30c. There's a couple of other directors holding options according to the Annual Report, but their names weren't on the recent investor presentation, so they may have departed.

    The company secretary and exploration manager each hold options totalling 950,000 to be exercised next month at 30c - i'm not sure if they need to report to the ASX or not.

    Very hard to say where this will go with Conglin Yue buying at higher levels & Bonython money trickling in, plus the incentive to keep the options in the money vs general market fear and director selling.
 
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Currently unlisted public company.

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