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$9.71 temple & webster group ltd

Ann: Change of Director's Interest Notice - Coulter, page-5

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cambam

1,893 Posts.

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22/02/24

10:22

Post #: 72529903
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Originally posted by muzdaz: ↑

Disagree in this case.

Nothing wrong with a Director selling at the top. He has options to buy another 8.6 million shares (no doubt at a much cheaper price).

Check out below example sourced from Smart Investor;

Example 1 – Andrew Bassat, Seek Learning (SEK)Don't read too much into directors selling their shares, especially if they have a significant chunk of wealth tied up in the company and the sale is only a small portion of the overall holding. In February 2013, chief-executive and co-founder of Seek, Andrew Bassat, released this notice to the market, showing that he sold 750,000 shares at $9.90 per share. Given that $9.90 was at the time close to a record all-time high, it seemed like an obvious sell signal.It wasn't. The share price hit $18.25 per share almost a year later. In fact in late 2013 Andrew used options to acquire a further 577,112 shares. In retrospect, the sale was far less significant than the subsequent purchase.

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going down on low volume NOTHING WRONG HERE THE MARKET ZIGS AND ZAGS

TPW Price at posting: $11.69 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $9.71		Change 0.180(1.89%)		Mkt cap ! $1.152B

Open	High	Low	Value	Volume
$9.48	$9.78	$9.44	$1.701M	176.1K

Buyers (Bids)

No.	Vol.	Price($)
1	150	$9.67

Sellers (Offers)

Price($)	Vol.	No.
$9.76	2587	4

View Market Depth

No.	Vol.	Price($)
1	789	9.500
1	1000	9.450
1	1	9.420
1	850	9.400
1	1050	9.310

Price($)	Vol.	No.
9.780	1345	1
9.800	309	2
9.900	3626	3
10.000	149	2
10.050	102	1

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last $9.72			Change 0.180 ( 1.87 %)
Open	High		Low	Volume
$9.59	$9.76		$9.46	38430
Last updated 15.59pm 07/06/2024 ?

TPW (ASX) Chart