Insider trading alert, page-6

Well, well.......seems like quite a few except the ASX have been informed of the outcome of the “vigorous cost structure review”. How much informed trading so far this month in CGA? Significant change to cost base? ASX, why no query?

“Contango Asset Management has recently informed Lonsec and the wider market of a restructure of its asset management business....
.........there have been a number of staff departures......
All members of the investment team except for Shawn Burns and Jarrod Deakin have been given notice, but will remain the business for another three to six months. The business will also relocate to Sydney.“