Now we have had three sales by directors in a matter of days:
1. Announcement 5 March. Peter Mann sold 30% of his holding or 25,172 shares. This is precisely the same number of shares he acquired as reported on 12 December 2017.
2. Announcement 6 March. CEO Anthony Klim sold 690,000 shares or 36.5% of his holding. Anthony had not previously sold any of his shares.
3. Announcement 8 March. Werner Deda sold 100,000 shares or 15% of his holding.
The obvious question is "why?" I do not know the answer, but rather than speculate, I am sure we shall all find out in due course. It will be most interesting to find out what the reason is, and then, what this means for the investment thesis for BVS.
Until then, why should we take a contrarian investment position to these three directors?
BVS Price at posting:
$5.36 Sentiment: Sell Disclosure: Not Held
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