It's almost always a bad sign when a director is selling. The reason for the sale as "strategic balancing of the portfolio" seems pretty weak. If the reason was to exercise share options or pay a tax bill then it's generally more acceptable. Anyway, I've also sold on the back of this action and will look to get in at lower levels.
Ann: Appendix 3Y Change in Directors Interest, page-4
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Last
$2.63 |
Change
0.120(4.78%) |
Mkt cap ! $1.247B | |||
| Open | High | Low | Value | Volume |
| $2.53 | $2.63 | $2.50 | $5.015M | 1.931M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12911 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.64 | 4744 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| WGX (ASX) Chart |