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.
NRT Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held