yes Robert mccauley was very naughty for selling but hey we cant stop him from selling, may be he need the money to pay for the renovation or something personal. Alot of Directors do sell for various reasons that we mere mortals do not know why and sometime sp still go up.
anyway It wasnt many share anyway ie 846,645 for $97928 so look like he sold about 11.5-12c prior to 1/10. So he didnt really sell it at the top.
Unless he sold more since 1/10 so it will be interesting to see if there is another ann in the next couple of days. If there is none then it just traders, t+3 cutting their loss from 16c.
i think it is normal to retrace, just look at AVB for eg.
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