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13/06/19
10:30
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Originally posted by riskyrider:
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I haven't checked since last year but then he had more than 2.1M the 3rd largest holding. If H is right and he sold 150k then he has plenty of pepper left. I would have to go back to get exact numbers last time he almost emptied so he possibly wants to do that again. Last time he was issued at around .80cents and was happy to take .40 So this time he has been issued at about I think from memery .48 so will he again take half? I mean would he drive it down to .25? Can't say. But back then .40 was around asset value now that is more like .10 cents so you know. Could we be looking at a SP of .25 soon maybe, hope not. Is it beyond comprehension. Not really. It's possible. One thing is for sure he knows what he is doing and nothing anyone can do. Could JG maybe be promoting the stock to new money of course but does he. Na.
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My point is if he is selling a small percentage, its OK. But if he's bailing out, could be a problem. If GDC 0084 is showing efficacy then all is good. We shall see.........