NMT 14.3% 7.2¢ neometals ltd

reeds selling out

  1. 735 Posts.
    Check todays announcement of the sale of 660 thousand shares by director Chris Reed.Wouldnt you think that they would stump up the cash to keep a margin call at bay.

    This story is now looking pathetic with the managing director unable to stand on his feet and cover a loan without his father transferring shares to be sold into the market and further destroy the dwindling market cap on the eve of a rights issue



    Sad story when they had such big tickets on themselves.
 
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