that doesn't seem right. blackout periods are a matter of company policy: https://www.asx.com.au/documents/rules/gn27_trading_policies.pdf
trading on insider information is what is not legal.
Scott's financial contributions are still in significant net support of the company, even if his selling down continues past that disclosed today. I don't really see it as a significant negative indicator of his sentiment (yet). As things stand, what i still see is him just doing everything he could to support the raise.
i think the optics are terrible though and the tactics amateurish - it's an example of doing something for short term benefit, when the slightly longer term consequences are worse than that benefit.
comes across as dishonest.
same complaint with the mbelele 1 results announcement.
NHE Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held
