I wouldnt get too exited over people dumping especially ones who appear not to have any active role in the management of the company. These names do not appear on the ATC org chart on their website. Hence what they do with their shares is their business.
What does concern me in looking at the quarterly cashflow is the amount of quarterly staff costs for an organisation to supposedly is quite small. What are these people earning?
I will be interested to see what the related party disclosure reveals when details of the FNT deal are released to shareholders for review.
Good increase in June quarter cash receipts yet minimal impact on net operating cashflow position. Another cause for concern.
ATC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
