Gillysrooms when RCG bought Accent group the three majority owners were issued RCG shares as payment. These 3 holders than recently sold half their holdings to Blundy as anyone would. No high net worth individual would want all their wealth in one stock. They still have half their not inconsiderable holdings in the newly named Accent. A Director with smaller holdings has just bought 2,100,000 shares on market. I would just tell your family members to sell their holdings. It would seem you have not read through all the company announcements and have no real conviction here. Accent is a wholesaler and retailer, if Blundy wants to sell Accent licensed footwear through his own retail holdings bring it on!
GLTAH
AX1 Price at posting:
92.3¢ Sentiment: Buy Disclosure: Held
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