IRI 2.24% 65.5¢ integrated research limited

Ann: Market Update - Continuous Disclosure, page-29

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  1. 840 Posts.
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    I might have created a poorer impression of Steve Killelea than I meant and that is deserved. He's a globally recognized philanthropist who founded an organization called the Institute for Economics and Peace (or something like that) which is a world wide recognized "not for profit" organization.
    He left his position and sold down his holding with IRI to spend more time pursuing his philanthropic interests. He's a very highly regarded individual on the world stage who deserves his reputation as far as I can tell. The thing was that he was the founder and the driving force behind the company. He didn't leave and sell down his holding because the company was about to struggle but his departure wouldn't have helped their performance since he resigned.
    Although his departure was a concern to me (I sold out a short time after that news) the major thrust of my concern now would not be insiders selling but insiders not buying.

 
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