Sigh, at least NZ ATM has opened higher this morning and is not trending down again. Lets hope A2M does the same today and closes green and its seen as a buying opportunity instead of a continued sell off on news of the 3 directors selling off part of their holdings.
If we had the amount of shares they have in A2M would we be considered to of lost faith in the company in selling down part of it ? I am 55 now but no one would see anything wrong if I choose to sell down part thereof in my sixties. Personally seeing that the director comes from a accounting background I can see he has sold off enough shares at the moment that if reinvested into solid dividend paying bluechips they would be paying a sizable dividend that would allow him to retain the same lifestyle for him and his family if he choose sometime in the near future to step down and still have millions more of A2 shares to ride the wave of capital gain still left.
https://au.finance.yahoo.com/q?s=ATM.NZ&ql=1
Directors selling shares, page-12
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Last
$6.23 |
Change
-0.090(1.42%) |
Mkt cap ! $4.510B | |||
| Open | High | Low | Value | Volume |
| $6.30 | $6.31 | $6.17 | $6.785M | 1.089M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5458 | $6.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.24 | 13490 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |