ALK 2.30% 44.5¢ alkane resources limited

alkane - disposals by directors, page-12

  1. cyw
    3,323 Posts.
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    I believe a director holds shares in the company s/he helps to manage is a sign of good faith that s/he has a financial interest in the company, just like the shareholders and that s/he will do everything possible to maximise shareholder value (thus his/her holding value as well).
    If the engineerers at the mines just called and reported huge gold finds or if a broker called and said someone is offering to buy 19% of the company at $1, do you think the directors will sell their shares @39c?
    Directors of course can trade shares, but I think it is unethical to trade the shares of the company s/he helps to manage.
 
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