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Ann: Appendix 3Y Maxine Horne 230518, page-16

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Cheapy

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23/05/18

17:55

Post #: 33276231
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Originally posted by ChristopherC ↑

Denbo,
Time for a trading update. If on track then we should see the selling stop. Re our leader selling, we often make decisions based on personal circumstances.Perhaps she has bought a new house, or going through a mid life crisis and had to have that red Ferrari, who knows but wouldn't take much effort to clarify to market the real reason for selling down and could just say to fund a personal property purchase or other nondescript explanation.

Christopher

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I'm confused. In 2016 MH sold net $72m of VTG shares. She's since bought about $4m of VTG shares back. Where'd the other $68m go?

It doesn't seem like she should need to sell $0.5m of VTG shares now. It's just chump change to her.

VTG Price at posting: 97.5¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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