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08/06/18
07:22
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Originally posted by Cosmoterios
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This should be pointed out.
Out of the 5 directors of AVZ - this include Patrick Flint and not Rhett Brans as he was recently appointed - 2 sold most of their holdings. They are; Patrick Flint and Klaus Eckhof.
Patrick sold twice within 12 months - 2M shares each time. He has since sold a lot more (6 M more shares) since he resigned.
Klaus in a space of 12 months, has sold twice - in total 57.5 M shares of the 88M shares he was issued with.
That is Two Directors (one former) sellling Most of their holdings , just a month away from supposedly Great News!!!
So, how many of you guys have the strategy of selling out, just before "Great News" ?!?
Aren't you all waiting for this "Great News" so that the SP would take off and you would all make your gains?
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Not to mention vesting periods for performance shares don’t start for another 6 months from now. So the company won’t be promoted properly till the end of the year by the looks of things