EOL - #ceo selling

Forum Topics EOL EOL #ceo selling

Pinned straw:

Added 3 months ago

CEO has notified the market that he has sold ~50% of his holdings!

Pretty significant offload on the back of an impressive share price run up and positive reporting.

Plenty of reasons to sell, only one reason to buy

Added 3 months ago

This isn’t the current CEO, but former one (the first CEO) and a major shareholder.

He has been winding down his position after exiting the board, so it isn’t a big concern. The market is sanguine about it anyway.

Added 3 months ago

It should increase the free float which has been an issue in the past and encourage even bigger fish to swim in :)

Added 3 months ago

It looks like Regal came in snapping up some of that free float!

Added 3 months ago

Yeah. Vaughan and BW’s sell down has certainly increased liquidity and allowed fundies to pile in in recent months.

Added 3 months ago

This isn’t the current CEO, but a former one (the first CEO) and a major shareholder.

He has been winding down his position after exiting the board, so it isn’t a big concern. The market is sanguine about it anyway.

Energy One Limited