A lot of posts here saying that it is related to ceo selling stock.....just a reminder to everyone. A ceo selling stock because he has retired does not change the underlying outlook of a company.
It's just short term noise and pure speculation. he might not even sell or sell as a retirement plan. He didn't spend 10 years building this up to sell it in one go and get taxed on it.
As far as I'm concerned this drop is just pure noise, highly trivial and a lot of fear. I'm expecting this to bounce
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- Ann: Elders FY22 Results and MD & CEO Planned Retirement
Ann: Elders FY22 Results and MD & CEO Planned Retirement, page-43
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