director selling

Just came out after close.

Dr Kelly sold 200000 shares at market last week at around $2.75.

He sold 100000 around this time last year around $2.60 odd.

I usually see director selling as a negative but in this case with Dr Kelly owning so many shares I don't think it's that bad a development. Would be worried if he started selling millions.

He doesn't get paid much at Novogen and with so much wealth tied up in shares I don't blame him for selling a few.

Munch.