Who hoo,
This is the only snippet you need to know from the article."A2 Milk chief executive and managing director Jayne Hrdlicka intends to sell some of her newly-acquired a2 Milk shares to cover her Australian tax obligations but she also wants to build a shareholding in the company.
Dual-listed a2 Milk said earlier today that the last tranche of transitional rights used to entice Hrdlicka away from her previous employer - Qantas - had vested."
"In Australia tax sets in upon vesting of the shares."
The key word she used today she was going to sell SOME of those shares that just vested to cover her tax obligations. I specifically remember her at the last AGM claim she was going to sell ALL of those shares that were going to vest but thereafter she was going to build up her stake.
So for everyone who was making a big song and dance that the SP was going to drop when she sold them all, this news release should have the complete opposite effect on the share price. @Chianti, if you have not bought back the window of opportunity to do so before your previous exit price may be short lived.
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