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78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-169

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avagadro

13,150 Posts.

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29/09/17

10:35

Post #: 27543585
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Originally posted by blister ↑

not related in anyway shape or form... if the director was selling because he "was in the know" that would be insider trading and potentially risk him losing the ability to be a director ever again. Big gamble for a payday.

The fact is that no holding is worth anything unless you sell it. So who knows maybe he has a tax bill, maybe he has another venture he wants to prop up, maybe he wanted to rent a floor at the mariot and pack it with cocaine and hookers. Who knows and who cares, its his money. the fact these directors, while paid well, are still grinding like the rest of us and if I had a few million in shares sitting at all time highs and wanted to buy a new house,car, pony for the kids, i'd slice some off the top too. people need to stop looking for correlations when there aren't any.

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These directors that can make shite happen are very much in demand, I would not be surprised if Klaus is already chalking this up as a win and looking for the next big opportunity to realise value.

AVZ Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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