its not spin, i never said a CEO not holding shares is seen as positive,
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I said the opposite can occur, i.e. a CEO if given a to many shares.. will do crazy things to drive the price up..such as going on a spending spree with acquisitions.. racking sometimes debt..or promoting marketing.. Sure the share price goes up... company becomes over valued..
and if not enough money left..the company has to cut back drastically..normally after the CEO has been fired.
Another tactic is to pay dividends they cant afford.. drives up the share price the CEO can sell..but long term
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Share price plummets and shareholders have shares in a company full of debt !..not good.
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As i said i believe the strength of SHE (its financials and growth in profit,revenue,cash etc) and its current value for money more than offset the single fact of the CEO not holding x amount of shares.
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The Chairman has the largest holding in SHE ..just over 10%.
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Any way your selling out...
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Open | High | Low | Value | Volume |
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8 | 5339838 | 0.007 |
3 | 1046743 | 0.006 |
2 | 1000000 | 0.005 |
2 | 1300000 | 0.004 |
Price($) | Vol. | No. |
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0.010 | 1052011 | 4 |
0.011 | 20690 | 1 |
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