if directors thought it to be such great value,why didnt they
buy at 50c.
bet they sacrificed a month or less of salary ,to,buy,a token
jesture to my way of thinking.
however i am interested in legg mason,custodians for superannuation etc one of the largest in the world,what do you consider their position to be,a custodian would be holding for the long term,so is it for and on behalf of the various nominees,i doubt they would sell or would they?
any ideas on how that works?
these are the issues that reflect on long term value,which is the reason i bought,to hold,until they went to 13.5c in the blink of an eye,i believed so much i bought more to trade and increase my holding,the significance of that move destroyed liquidity in my total position,entirely my choice/risk.
but i am still perplexed by this sudden downward plunge.
is it just fear/credit risk devaluation risk-earnings decline on sp. as in no div for 2years,it all seems way to much,so what else is driving this,where is the sense in it all.
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