The finance director and Managing director buy almost 2mio worth of shares in what would normally be a major statement of confidence, and after a strong start, we end the day just under 8% down.
Copper up at $2.89
AUD slightly down at just under 84USc
So macros couldn't be to blame.
Massive 12mio volume traded.
I simply can't understand that a company that was trading and raised fully underwritten moneys at more than double its current value is where it is today on no news, other than being granted a credit rating which is preparatory to raising more economical long term financing.
If there was something untoward, why would the finance director and managing director buy almost $100k each of shares. That is not small bickies.
Does anybody have any idea, would appreciate theories. I am utterly perplexed, and a bit fearful that we are being played with by some hostile and dark forces....
gltah
TGS Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
