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22/03/18
19:56
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Originally posted by Klue
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Must admit I find it strange that someone got near 5% of the company yet management were not in a position to, or interested in, finding an off market transfer for their holding that they have been offloading since day dot!
Odd right? Maybe they got sold a different story to us many moons ago and have been looking for an out ever since?? Dunno, but certainly looks like an opportunity for us believers to be buyers. I was skeptical until I saw how well they were treating their cash balance....one of the very few tech start-ups who listed around that time to not have had their hand out again!
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3 directors bought 100k shares each from May to September last year at around 19c, 16c and 15c.
Links:
https://www.asx.com.au/asxpdf/20170515/pdf/43j8hgbgycz40j.pdf
https://www.asx.com.au/asxpdf/20170907/pdf/43m48nmrkynxz5.pdf
https://www.asx.com.au/asxpdf/20170823/pdf/43lmqvnyffm4mc.pdf