Another great announcement - and another chance for Streeter to sell down. He's sold 2.5M of his stake over the past six weeks, fully 12% of all trades that have occurred.
I've rarely seen a director sell as aggressively as this into the market. Doesn't look like forced selling either. If WSA was so undervalued or was such a likely takeover target then Streeter could have effortlessly sold a big chunk of his stake to an insto or potential suitor. Maybe he's tried - but no takers even at $3...
WSA Price at posting:
$3.67 Sentiment: ST Sell Disclosure: Not Held