SeaDragon

**Balance** · 01-03-2016, 05:42 PM

https://www.nzx.com/companies/SEA/announcements/278609

Sell down by director(s) continues.

**ari** · 01-03-2016, 07:25 PM

Director or Senior Manager. What exactly is his roll now? Companies Office shows he ceased as Director last Sept.

**NT001** · 01-03-2016, 07:48 PM

If I'm not mistaken, Keeley is a FORMER director, not a director.

And he has sold approximately 4 percent of his shareholding, for a paltry $2,800. Is that really a significant event? What is it supposed to signify, apart from the fact that ne needed a coupla thou in a hurry?

**Dentie** · 02-03-2016, 07:30 AM

That's right guys, Ross is a "Former Director" - which means he is effectively on the same level as the rest of us....just a normal shareholder.

So Balance, all he was doing was selling a few shares....just like you did not too long ago. The difference is, I suspect he made more of a gain than you did!

I wish you would stop being so mischievous in your comments.

**Balance** · 02-03-2016, 09:43 AM

Originally Posted by NT001

If I'm not mistaken, Keeley is a FORMER director, not a director.

And he has sold approximately 4 percent of his shareholding, for a paltry $2,800. Is that really a significant event? What is it supposed to signify, apart from the fact that ne needed a coupla thou in a hurry?

"Both Mr Keeley and Mr Macintosh have confirmed their on-going commitment to SeaDragon and they have advised that they will both retain ownership interests in SeaDragon following these share sales". 26 Jan 2016

I like to keep track of what directors, management and insiders do. Have served me very very well over the decades.

A few examples :

THL - been up and up since directors and management bought. See some more buying in recent times.

SCL - likewise.

PEB, Snakk, PPL - down down down after directors and management sold.

**Balance** · 02-03-2016, 12:33 PM

https://www.nzx.com/companies/SEA/announcements/278675

And more share sales - come and get 'em, boys!

**Harvey Specter** · 02-03-2016, 01:47 PM

Originally Posted by Balance

https://www.nzx.com/companies/SEA/announcements/278675

And more share sales - come and get 'em, boys!

mmm. So is his whole holding now an overhang on the price.

**Dentie** · 03-03-2016, 05:30 PM

Gee, if I had the dosh, I would approach Ross and do a "one-off" off market transfer.

At this rate, he'll still be here next year trying to offload them. Imagine the paper work piling up at the NZX by then....

**Balance** · 03-03-2016, 05:49 PM

Originally Posted by Dentie

Gee, if I had the dosh, I would approach Ross and do a "one-off" off market transfer.

At this rate, he'll still be here next year trying to offload them. Imagine the paper work piling up at the NZX by then....

He is not the only one selling and who really wants to buy off an 'insider'?