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Ann: Strategic Sale of Shares, page-66

  1. 1,140 Posts.
    lightbulb Created with Sketch. 1064
    Hey George - I was curious about this quote also...

    “Following this sale there is no intention to sell further shares while the Company pursues increased global traction for its products.”

    The purpose of this quote is clearly to reassure the market that there will be no more selling - so if another director sold a chunk in the short term the quote would be meaningless - and that would not go down well.

    Also, as this text is written directly above a quote from LF - so I presume LF would have read the ann before it went out.
    I think all directors will be holding tight at least for the foreseeable future which is good news.

    Best of luck all.

 
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