i wouldn't think too much at this stage as there isn't real evidence shows that Larry sold, its was just a cross trade could be anyone? and it's only one source from afr report that which same as the others i wouldn't take much seriously. i will just wait for the company response and even he sold he still has 25m shares???
From theaustralian
More than 46 million Zip shares were traded on Tuesday, with rumours – at this stage unconfirmed by the company – that Mr Diamond sold 30 million of his 55 million shares, which would have netted him about $100m at yesterday’s share price of $3.38.The company said in a statement: “Zip will be making the necessary filings on the ASX in due course to reflect Mr Diamond’s final interests as a director”.
ZIP Price at posting:
$3.41 Sentiment: Hold Disclosure: Held
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