Director selling, although quite common, is rarely a good look, especially when the share price is depressed. The market usually interprets it as a lack of confidence that there will be a near term increase in the share price. Usually has less impact if the SP is booming whereas director buying is a sign of confidence.. He may have his reasons for selling now but that's how the market thinks, and he knows it.
Why price falling today?, page-26
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Last
$24.28 |
Change
-0.010(0.04%) |
Mkt cap ! $46.10B | |||
| Open | High | Low | Value | Volume |
| $24.09 | $24.28 | $23.94 | $96.05M | 3.974M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2200 | $24.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.29 | 12209 | 8 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| WDS (ASX) Chart |