Totally agree HKP - designed to push down the shares.....
As for an ex employee Gerrado.... the company announced a option expire notification. So im not thinking they'd have any shares to sell.... We have seen this happen many times before with the buy and sell side stacked to suit the movement of the share price.
And I will say as I had said previously that this target of $1.79...can be achieved and I'm sure Mo and others will have a plan set out get to and beyond this level... not only will it bring in the extra $millions it will also reward the owners but to do this it would have to be well beyond $1.69 to remove the risk.
Personally I think these sell orders are targeting any tax loss selling making sure that the seller has to sell down the SP. Come the new FY I think we will see plenty of announcements and a new long term upward movement in the SP (well thats what I'm hoping for...!!!)
AXE Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
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