$Colombia and Latin America - Frontera Energy Provides Notice of Virtual Presentation on Guyana-Suriname Basin, Offshore Corentyn - $Colombia and Latin America - InvestorVillage


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Msg  13855 of 13987  at  10/23/2021 6:09:20 PM  by

The Red


 In response to msg 13854 by  murdochjak
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Re: Frontera Energy Provides Notice of Virtual Presentation on Guyana-Suriname Basin, Offshore Corentyne Block and Kawa-1 Objectives

I am sure that CGX Energy CFO Tralisa Maraj sold shares for personal purposes.  Her timing is odd given the fact that CGX Energy is attempting to raise capital in the market.
 
I wonder how long she will keep this job.  I wonder how many fellow executives did she tell before she sold those shares.  If she is involved in actively raising capital, I wonder how she explains that move to potential share buyers.
 
It is totally irrational but speculative investors like to see their executives with lots of 'own skin' in the game.  As if that kind of signalling can really overcome asymmetric information and raw uncertainty....   
 
Noted:  murdochjak is selling all his FEC shares by 05 December if results are not announced by then. 
 
josef, for all I know, your sell down/sell out strategy could be better than mine.....  which in the end may not be saying much. 
 
 


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Msg # Subject Author Recs Date Posted
13856 Re: Frontera Energy Provides Notice of Virtual Presentation on Guyana-Suriname Basin, Offshore Corentyne Block and Kawa-1 Objectives Public_Heel 0 10/23/2021 7:09:21 PM


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