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24-09-2018, 10:11 AM
#10451
im betting there will be no agm update to guidance , becvause of uncertainities around china regulation gaboom downside
one step ahead of the herd
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24-09-2018, 10:12 AM
#10452
$11.80 struck. Good chance to see if there is any validity to "amateur hour".
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24-09-2018, 10:14 AM
#10453
Originally Posted by minimoke
$11.80 struck. Good chance to see if there is any validity to "amateur hour".
ATM sp is driven out of ASX.
Real market today will appear then.
Would say though that ASX fund managers do not appreciate CEOs selling without a valid reason and this one looks like an invalid reason.
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24-09-2018, 10:15 AM
#10454
Originally Posted by Muppett
Thanks for stating that.
It's $11.90, down 5% as I write, so you can start to accumulate.
Spoke to soon, now $11.80 and worse to come at mid-day.......
No, wait till Aussi opens then wait for uptrend, if there is one. Been through all this before, haven't we all.
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24-09-2018, 10:17 AM
#10455
Originally Posted by Muppett
With a European accent, Hrdlicka is pronounced: Hardlucka
Originally Posted by freddagg
I checked out how Jaynes name is pronounced.
It is Herdliska.
I would've though it it was Herdlitzka
For clarity, nothing I say is advice....
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24-09-2018, 10:24 AM
#10456
Originally Posted by Balance
ATM sp is driven out of ASX.
Real market today will appear then.
Would say though that ASX fund managers do not appreciate CEOs selling without a valid reason and this one looks like an invalid reason.
I think the reason is OK. I'm just surprised she doesn't have access to other avenues to fund those pre-commitments. And that she needs to sell all shares to do so. $4m - she must have had some pretty heavy debts
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24-09-2018, 10:31 AM
#10457
Member
Originally Posted by minimoke
I think the reason is OK. I'm just surprised she doesn't have access to other avenues to fund those pre-commitments. And that she needs to sell all shares to do so. $4m - she must have had some pretty heavy debts
Do you believe her for the reasons given, tax etc ...?
If that is true, she is bad with money.
Probably then does not have a BNZ account.
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24-09-2018, 10:33 AM
#10458
Presumably these are Australian tax debts that she has. The Aussies might be more understanding of the situation.
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24-09-2018, 10:34 AM
#10459
Originally Posted by Muppett
Do you believe her for the reasons given, tax etc ...?
If that is true, she is bad with money.
Probably then does not have a BNZ account.
High income earners often gear themselves to the hilt on the basis that they'll be able to pay it back later, and can end up with quite wild swings in net worth. Personally though i'd find 5m a year quite difficult to spend, though he might have bought somewhere palatial in Sydney that needs to have debt cleared on it.
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24-09-2018, 10:38 AM
#10460
I get the feeling this is going to be a pretty busy thread today.
From my observations it's never ended well after any senior management dumps a truck load of shares, let alone all of them.
Unfortunately blindingly obvious usually means they're not expecting them to rise, at least in the short term.
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