Domino's boss Don Meij has trouble at the margins

https://www.theage.com.au/business/...s-trouble-at-the-margins-20180226-p4z1ta.html

"Is Don is good?
A series of announcements spewing forth from Domino’s Pizza on Monday should be forensically scrutinised by Australian Securities Exchange and serve as a warning to investors.
The company’s managing director, Don Meij, has been selling stock. The company has been buying back its own stock. On the face of it that looks like a conflict right there.
While both these events were happening in the same time frame Domino’s insists that it was not buying shares at times in which Meij was actively selling them.

Another important piece of information released on Monday was confirmation that its managing director Don Meij has borrowed against this shares in the company.
The appears to have been prompted by a report in the Australian Financial Review which revealed five current margin lending facilities registered in his name - one of which is secured against the assets of the Meij Child Maintenance Trust.
Margin loans are permitted under Domino’s internal rules as long as the chairman is satisfied the borrower (in this case Meij) has are sufficient funds to meet any margin calls without having to resort to selling Domino’s shares.
The situation gets muddier because other shareholders don’t know the size of this margin borrowing nor do they know the price level of Domino’s shares at which a margin is triggered.
Domino’s says it "considers that at no time has there been a risk of triggering a margin loan associated with the managing director"."

Pizza anyone

lol