For all I care they may have converted some of their options, which would be positive for the company’s cashflow. In any case SP dropped from 45c to 26.5c and I say that happened because more shares got sold than bought. The question remains who sold all those shares to cause that drop? If it weren’t the to 20, let’s look at the top 40 when available and otherwise the smart guys, those who realised the profits when available, may remain unknown. Probably pesky but smart traders like myself. You have to admit that selling at or near the high and wait for the drop to conclude was a smart move before jumping in again!
WKT Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
