BOE 2.18% $3.59 boss energy ltd

Directors selling, page-20

  1. 830 Posts.
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    I think it's pretty obvious if you read any of the reports on the Director's share sales.

    From: https://www.capitalbrief.com/briefing/boss-energy-stock-dives-after-ceo-chair-offload-shares-93428d36-b44d-453d-a4a0-8e5a5ddaf4b3/#:~:text=The%20numbers%3A%20Boss%20confirmed%20that,and%20Jones%20sold%20%243.38%20million.

    "The context: Boss said that several years ago the board of directors made personal commitments not to sell any shares until its wholly owned Honeymoon uranium mine in South Australia began production. "

    It has been documented that many of their shares were purchased/issued at 4c/share, and thus really wanting to cash in their chips. This is a major component of their income for all their hard work.
 
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