ADX 0.00% 9.7¢ adx energy ltd

Not sure where you got the 33mill shares from Salty? Misread the...

  1. 4,724 Posts.
    Not sure where you got the 33mill shares from Salty? Misread the change is sub notice i assume?...

    I see 10mill sold from 24th-26th March....still retains about 23mill...did you read this as 33mill sold?

    Furthermore, Peter Vassileff "Silk investments", the major shareholder you are talking about i assume?, has been selling down his holdings for a while now, sold 12mill back in mid feb also....so trying to pass the selling as something related to the farminee news is pretty weak IMO.

    What interests me is who is buying his stock?....they were sold at around 5cents....thats a 25% increase on the price prior to the farminee news....

    You seem to think this selling is a negative?...to me it appears Peter has needed to liquidate some investments (for personal reasons? who really cares) for a period of time now, and there seems to be ready buyers at 2 yearly highs for PAA stock!

    I guess some people see positives, some see negatives, some make money, some don't.

    1week is up.

    cheers.
 
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