Last night, at no-one-is-watching o’clock (four minutes to six pm) it was announced that Mr Samuel Dayani, a NED at AIM-listed CentralNic Group (CNIC) has been dumping shares – the best part of £155,000 worth. We are told that he still has a boat-load of the stock (11.36% of the shares) but nonetheless that’s quite a bit of cash especially when the company has recently done a 'Capital Markets event' and seen paid-for researcher Edison produce a gushing note last month. Goodness me, that was good timing!...
Although it can be seen that shares of Centralnic came off the boil in the wake of their positive summer news with Alphabet and the not so inspired name change from Google, it could very well be that the period of pullback is finally over for this would be new economy winner.
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