EOL - #ceo selling

Forum Topics EOL EOL #ceo selling

Pinned straw:

Added 10 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 10 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 10 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 10 months ago

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

Added 10 months ago

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

Added 10 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