Pretty superficial and misleading commentary above, devoid of context. I'd call that down ramping. The article from Simply Wall St is just that. Simple and uninformative.
Ian Dennis still owns around 300,000 shares. He has acquired more shares in the past 145 months than disposed of shares. I'd call that pretty heavily invested. Similarly, he and all directors having been buying into the SSPs.
Below is the table of his purchases/sales for the last 15 months.
Date
Purchased
Disposed
Total Held after change
1
09 Sep 19
4,504 (SSP @ $6.60/sh)
294,684
2
19 Dec 19
59,659 (on-market)
235,025
3
04 Feb 20
6,818 (SSP @ $4.40/sh)
241,843
4
15 May 20
100,000 (EOS Loan Funded)
341,843
5
02 Jun 20
25,000 (on-market)
316,843
6
30 Sep 20
25,000 (on-market)
291,843
7
TOTAL
111,322
109,659
EOS Price at posting:
$5.56 Sentiment: Buy Disclosure: Held
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