good call on the insider selling on the area plays. SGX and ATV have been particularly hard hit. That has a lot to do with the way their PPs were structured - tons and ton and tons of cheap shares that have to be eaten up.
SGX has just two more batches of cheap shares coming up for trading: 12 cent shares trading Jan 6, and 14 cent shares trading February 19. After that it's 50 cent shares only. A bit of a muchness to swallow.
I don't have the PP schedule handy.
KXL had some cheap shares in the far past, but those have already been through the mill by now - no more overhang.
Let me know what you think