I agree that the situation with the CEO share sale is entirely unsatisfactory. It is eerily similar to the recent share sale by the Healthscope CEO that shortly preceeded a profit warning. I don't really care what the CEO's financial position is (and to think someone on Gilman Wong's salary needs the cash begars belief anyway) but in my opinion any CEO who sells shares in his company is simply not worthy of the position. Just like a ship's captain is the last one off the boat, so should a CEO be the last one to sell his stock (until after he or she resigns).
I agree that the situation with the CEO share sale is entirely...
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