Why worry, I personally think the company is in better hands and am not surprised that those that supported the old management would sell especially if they wanted to crystallise a tax loss before the end of the tax year. If memory serves SB sold a lot just around the tax year last year almost time to pay tax on that as I would think they would have been in the money ( Sargon time). Then again sold a few later in the year ( 2018) and bought up a few as well so selling those that he acquired at higher prices would make sense if it is SB. Although it could be any number of people.
I am happy to await the first half 2020 results as I think they could direct future outcomes.
Given that Foxtel has canned the Your money program would love to see FNN fill the space.
SEQ Price at posting:
19.0¢ Sentiment: None Disclosure: Held
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