GREY:IPHAF - Post by User
Post by
DaveAuon Nov 15, 2007 6:05pm
398 Views
Post# 13816132
Foster buy
Foster buyJust took a glance at SEDI. If I'm reading correctly (not an easy task when we're looking on SEDI), Foster owns 736,820 shares directly and 4,728,890 indirectly through his company Foster Investments. So even a purchase of 100,000 more shares would hardly mean anything. I think he may just be sincerely trying to signal that everything is okay. He could have issued a press release saying "everything if fine" but he probably thinks the quarterly said just that so why say it again.
Another 6 weeks till tax loss selling ends. At that point, they can issue a PR saying that all 6 month follow ups are complete.