I hope someone is able to cast light on this subject
(tax law re "employee" holdings)
selling presumably would trigger massive CGT bill !?
SO, either he is a "forced" seller ie needs cash to pay bill
OR he is risk managing
if he is risk managing, why sell so many?
or, he believes the SP will fall and he is taking profits
LYC being a stock driven more than most by sentiment & percieved future sentiment, MD selling is bad
I must admit I am bewildered by MD selldowns such as LYC and IAU, I cant really think of any precedents ( except for really bad ones)
This sort of thing would effect many other companies, if in fact it is the reason, I consider it vital to know
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- directors selling due to tax?
I hope someone is able to cast light on this subject(tax law re...
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Last
$6.15 |
Change
0.100(1.65%) |
Mkt cap ! $5.748B |
Open | High | Low | Value | Volume |
$6.18 | $6.37 | $6.08 | $26.63M | 4.279M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17840 | $6.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.17 | 8880 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 17840 | 6.140 |
3 | 42786 | 6.130 |
3 | 19203 | 6.120 |
1 | 9897 | 6.110 |
1 | 132 | 6.100 |
Price($) | Vol. | No. |
---|---|---|
6.170 | 8880 | 1 |
6.180 | 2455 | 1 |
6.190 | 17840 | 3 |
6.200 | 14165 | 1 |
6.210 | 14165 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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LYC (ASX) Chart |