WHY???11 Oct 2019 16:06
So here's one for you. The CEO sells 15,878 shares on the 01/08/19 @ £22.64 to make £359,477. Trading update 01/10/2019 shows a further drop in the SP which then allows the CEO to sell further shares 10/10/2019 97,655 @£18.04 to make £1.7M. So my questions is this why sell this amount just after the sale of a smaller amount in August? If the CEO was confident the SP would bounce back then why not hold on or sell a smaller amount of shares? He has just cost himself £449,213 by cashing in now. I have seen this before with another share and this to me looks like the SP will not get back to where it has for a very long time, or maybe not again. Prices have dropped just short of 30% in the past 2 months with 2 very positive sets of results. Sorry but if he is out like this then there is a reason.