UNS 0.00% 0.5¢ unilife corporation

Hmm, although I believe in the product and mgmt (not that sure...

  1. 176 Posts.
    Hmm, although I believe in the product and mgmt (not that sure anymore) I'm quite worried at the moment.

    After the post "of special assistant to the coo" from birdman I had a look at the "appendix 3B" and "Form 4's" that were in the news this morning.

    My interpretation of the information of Form 4 is that Eugene Shortall, which I assume is related to AS :), just sold shares at the current market price.
    I hope for them that it's not a nasty family matter, but I certainly hope it's not an indication for something else.

    The form also states that "The Company repurchased an aggregate of 19,350 common shares at US$5.18 each". Hmm, this is a statement that really worries me. According to my knowledge, the financial state of UNS/UNIS would not really allow to buy back shares. And certainly not to a person who is related to AS.

    Can someone explain this?
    Don't get me wrong, I still believe in the product and the way it has come up to this point.


 
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