"Unprecedented selfish grab" is a silly statement. Perhaps expend more than 'passing' thoughts to avoid being histrionic.
Business leaders have a variety of motivations when selling stocks and sell, on a regular basis, to prevent or pay off large tax bills, for estate planning or to diversify their investments.
It beggars belief some people will be so churlish when this happens, particularly on a runaway success like Boss. These directors hit every goal for 6 years, delivered extraordinary share price growth to shareholders and then, as they said they would, sold a chunk on reaching production.
If not then, when?
As for motivation?? They have multimillion $ skin still in the game. And (per the recent BOE announcement) are to be further 'incentivised and aligned for the Company’s next stage of expansion and growth".
Good on them I say.
And yes, I continue to top up.
This is a fine play to have in the portfolio.
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