If you had held onto the shares and div re-invested, you would have picked up the dividend equivalent at $20.00. Directors could have been selling at high $29 and $30, knowing that they would have topped up their holdings at $20.00. I haven’t got enough to do that, but it sounds sensible to me. I don’t know if I read that Director selling was regarding a tax bill or assisting kids in property purchase ? Can’t remember….. 18% of your holding ? Depends on how many you held if that’s significant ! Good on you, if it’s not ! …..Half your luck or…….. is that 18 % of ????? …….lol
SNL Price at posting:
$29.48 Sentiment: Hold Disclosure: Held
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