Brian Mattingley21 May 2019 20:58
Any ideas why 21% voted against him? There must be good reason and i've yet to see any explanation. PI's always the last to know I guess. I'm interested to see where this goes tomorrow. My guess is the rise today was purely on the back of the AGM approved buy-back, with a few then jumping on possible upwards momentum, and that tomorrow there will be a mass sell off at this temporary high, bringing the price back down and the downward trajectory will continue until more is known about Mattingley or positive news is reported. Of concern, to my mind, is the ticking clock before the ex CEO agreed to postpone his further selling. The effect of his initial dump of 2m shares @ 152p has been pretty devastating. Makes predictions of a return to 165/180 seem a long way off. Time will tell