GDO 0.00% 30.0¢ gold one international limited

Ok, this is a little rushed. - for the blind leading the blind...

  1. 539 Posts.
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    Ok, this is a little rushed.
    - for the blind leading the blind party -
    We assume sharks circle first and deals don't happen overnight.
    6 Month window assumed.

    Mid 2009 - Nov 10
    ~18 month window
    Total - 1 director transaction, buying with their own money.

    Dec 10 - Now
    ~ 6 Month window
    Total - 6 director transactions, or approx 18 times in a relative time frame.

    Directors (hand in pocket) transactions go from a drought to requiring a ticketing system. Coincidence?

    30th March 11
    The ASX issues a please explain, just after a wad of director purchases.
    Only now does GDO release information to the public.

    Hardly top proactive shareholder communication, yet this is seen as first class?
    Amazing how some holders are so easily pleased.

    On top of this, the blind leading the blind party "asserts" that all directors are saints, beyond reproach and inconceivable to suggest otherwise.

    Lets recap.
    - Directors are suddenly lining up to buy shares
    - NF makes a play for 1.5M shares, 7th March.
    - NF has a colorful history.
    - 30th March, forced announcement to the public.
    - Public now provided with 2nd bite of the cherry.

    Now after all this.
    - I'm told by another poster that the chairman's tip (boldly provided after the fact when it's of no use to anyone) is for sp 2 x 3 times near term.

    - Next be expected to buy the line we are
    1) on a level playing field with the directors &
    2) receiving incredible timely and transparent announcements.

    Seriously, how much fairy dust is being smoked.

    Each of us has differing views and expectations.
    My expectations of mgt are always high, some others rest the bar on the ground.
    Mav
 
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