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sell high buy low lo, if anything to do with the company fundamental, why he want to buy back at low price then? I think he should stop already. win enough already
@Jason Wong I think he dont know ppl will sell back to him low price at 22th, he just bet the overall market will be panic and just sell with no actual reason? think he succeeded his high risk high reward plan? very non sporting act in market trading but it is still legal though
but the thing now even if nothing actually happened to the fundamental and it is just that director playing trading game, the director total shares back to square one with cash earned by him. but the share price ended up at 0.33, who gonna push the price up back to it's normal price level? it might not be easy task even if the director willing to do it with his earned cash this 2 days. especially the public trust toward this company totally lost due to his act.
@tk lim complain him for what? any rule that disallow such trading activities? the most bursa / public can do is comdem such act for being non sporting or immoral