Thankyou for the great post and rational analysis
I think the worst and most undermining part about all of this is that neither Pete coleman nor Woodside as a corporation produced a announcement explaining what happened and the reason behind it (i.e. Pete has sold b/c he wants to diversify etc...)
If you look at CSL whereby paul perry has sold a lot of stock, they have put out a announcement explaining it and ensuring that shareholders know that paul perry still has a significant csl shareholding and a long term outlook towards the share price.
Why price falling today?, page-54
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Last
$29.52 |
Change
0.120(0.41%) |
Mkt cap ! $56.05B | |||
| Open | High | Low | Value | Volume |
| $29.58 | $29.72 | $29.48 | $105.3M | 3.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9584 | $29.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.53 | 8896 | 3 |
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