you can see how highly movitated he is, the MD, he's just going full steam ahead doing crazy Asian deals as only some of these guys can do.. but he's got a good head on him.. playing the game nicely.
i've read some reports and they have suggested it could be an issue that the MD owns some 53% of the company, but look at what it did for flight centre when it began, with such tight holdings (now there's another great two entrepreneurs if I've ever seen one.. i recall a story from someone that he was so confident he mentioned he's going to build it into a billion dollar company!)...
but on the contrary, i feel more re assured that he owns so damn much of the stock!!! coz he's just going gang busting away...
the petrol deal is a good deal, high distribution channel, EPY as what i've read into it,doesn't pay for the petrol first..obviously this won't makemuch sense and expose the company to risk..
my take currently is that i'm going to lighten the load towards year end
EPY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)