Took at look at recent annual reports. "Punchy" is an old bloke who lives in the US. Don't know why he waited for the AUD/US to move against him b4 he sold but he did, and is prob taking his money home. Bigger ? over decision by younger MD selling his big chunk recently...says to meet "tax obligations" in one article and then says to "diversify investments" in another article referenced in a HC post. BTW, as for broker reports, they are nothing more than paid advertising. As someone once posted "this company has a great runway", but for me I cant see it looking to depart anytime soon. Looking at depth the on CLH looks to me like it has the interest of retail buyers reading the advertising. Better risk/return profiles other places for me....but as always DYOR!
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Ann: Change of Director's Interest Notice - Dennis Punches, page-17
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