RE:RE:Why Mr Arun Nayyar sell 700,000 warrants on the market 20/3?
There are always two sides to any coin MUMU.
The posters here generally pay great accolades to the talent of your management ...and maybe rightly so!!
Might it not stand to reason that Mr Nayyar, as your clever CEO, would have a far better grasp and insight into the immediate prospects for the Company...and particularly in relation to the overblown share price?
The cheerleaders on your board would have you believe this stock could be trading for $$dollars in a matter of weeks or months. If Mr Nayyar is as astute as advertised, would it not be reasonable that he would be acutely aware of that reality and would wait to sell most, if not all his shares for a far greater profit?? Just because he excercised the warrants does not require that he sell the shares immediately.
I'd say Mr Nayyar is far better positioned to understand what's taking place..( he can't be smart and not so smart at the same time) and he's clever enough to exercise the ''Bird in the Hand'' principle.
He was kind enought to ''tap'' you on the shoulder...see it as you wish.
Cheers...