Quick question would taking $4 million off the end of year result for a signing bonus have made a bigger Impact than selling these shares now? $918 million doesn't look as good as $922 million. or am I wrong and would that have shown in next years result?. Yes I'm torn its not a good look for a new
CEO to sell everything, as a share holder we feel she is selling out of the company we LT holders hold so dear. But there were other factors on those shares not beholding to us like Time, this was effectively her signing bonus. In the grand scheme its just a momentum killer for next week, but should be some good buying opportunities. we might even see a wicked bounce like the old days. 60c or 80c your guess is as good as mine. I did like the $13.30 morningstar valuation seems very realistic but we might have to wait till after the AGM meeting to get anywhere near it. dude I need a beer! didn't see that one coming.
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