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...
Add SNL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$22.08 |
Change
0.040(0.18%) |
Mkt cap ! $938.5M | |||
| Open | High | Low | Value | Volume |
| $22.10 | $22.10 | $21.90 | $216.7K | 9.854K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $21.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.08 | 8 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$22.00 |
Change
0.040 ( 0.96 %) |
||||
| Open | High | Low | Volume | ||
| $22.00 | $22.08 | $22.00 | 130231 | ||
| Last updated 13.34pm 21/05/2024 ? | |||||
| SNL (ASX) Chart |