GREY:RNKLF - Post by User
Post by
Atonon Oct 26, 2018 7:52am
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Post# 28876285
Insider tries to support SP after 20% decline
Insider tries to support SP after 20% declineBut this is only +5 % from his previous 1,9 milliomn shares, I think this is reaction to support the free falling share price, remember SP at minus 20% was the reality when CEO bought additional relativly small number of shares. This represents only like One months pay check for him and he tries to protect the value 1,9 million shares that dropped 20% in one day.
This insider buy only push up his mean bought Share Price from something like 0,25 to 0,255 ..Take that in before buying into this release. This stunt costs the CEO nothing.