Should we be concerned that our Managing Director has sold roughly a third of his shareholding for $14.85 per share (a total of $5.7m)?
Also of interest I note that it was an off market trade but presumably to a non-associated person given Geoff no longer has an interest in the disposed shares. Intriguingly the sale has occurred during a closed period but for which the board has given approval for the sale.
While it’s always a balance between a persons right to privacy and a truely informed market, it would have been good for increased disclosure of the reasons for the sale and why the board approved in a closed period.
Should we be concerned that our Managing Director has sold...
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Last
$37.42 |
Change
0.920(2.52%) |
Mkt cap ! $1.626B | |||
| Open | High | Low | Value | Volume |
| $36.45 | $37.75 | $36.00 | $3.297M | 88.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 205 | $37.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.56 | 360 | 2 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| SNL (ASX) Chart |