Wednesday, August 26, 2009

Does Peter Mullens read IKN?

Smile for the camera please, Peter

So back on August 17th, this humble corner of cyberspace noted some serious insider selling going on by Peter Mullens, director of Lydian International (LYD.to) He'd sold on some good news about drill results at LYD which left us all scratching our chins and going "hmmmmmmmmmm".

But fair is as fair does, so let's note that Mullens has already bought back 127,000 of the 350k shares he sold into the rush. Let's also note he bought back his stock on the very day IKN ran its post (yok yok). Maybe he's the publicity-shy type? Anyway, more seriously it's good to note the vote of confidence Mullens is making in his stock here.


Aug 24/09 Aug 17/09 Mullens, Peter James Direct Ownership Common Shares 10 - Acquisition in the public market 3,000 $0.680
Aug 24/09 Aug 17/09 Mullens, Peter James Direct Ownership Common Shares 10 - Acquisition in the public market 58,500 $0.650
Aug 24/09 Aug 17/09 Mullens, Peter James Direct Ownership Common Shares 10 - Acquisition in the public market 4,000 $0.630
Aug 24/09 Aug 17/09 Mullens, Peter James Direct Ownership Common Shares 10 - Acquisition in the public market 18,500 $0.620
Aug 24/09 Aug 17/09 Mullens, Peter James Direct Ownership Common Shares 10 - Acquisition in the public market 43,000 $0.610