While I don't think that these guys have mortgages or worry too much about school fees, I agree that there are many reasons to reduce their holdings.
As the CEO he would have the bulk of his wealth concentrated in a single stock along with his employment income. Diversification is a reasonable aspiration.
Keep in mind that some pretty bright folks on the other side of these trades happily paid 1.35, which is why I am not too stressed about the dip.
susceptible to takeover, page-29
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Last
$12.84 |
Change
0.030(0.23%) |
Mkt cap ! $14.75B | |||
| Open | High | Low | Value | Volume |
| $12.82 | $12.92 | $12.80 | $12.94M | 1.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 16941 | $12.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.84 | 2083 | 14 |
View Market Depth
| Last trade - 13.49pm 09/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |