Ann: Change of Director's Interest Notice, page-6

This is poor governance at best and wilfully unethical at worst. There’s a pending decision for an expansion plan that will define the companys future and this director and largest SH is dumping days before it’s due to be released (I get that it may not be released this year but that’s not the advice given and therefore cannot form part of the blackout).

He can easily argue he’s not privy to the information and therefore immune to the governance obligations but far out, if the TEP is rejected then he has a class action on his hands.

Had he been selling in an orderly fashion or sought to form a off market bloc trade then this wouldn’t be an issue but he’s crippled the SP and kept selling into 52wk lows. It’s just dumb and unethical.