Still has a substantial holding of 25% so I can over look this initial sale. However the comment, "Mr Copulos has emphasised to the Directors his continued long-term support for the company, and his confidence in its current trading performance and especially its outlook" - if there was to be another sell-off it would definitely be a sell sign for me that they no longer have confidence in the company.
Obviously not much news coming soon as they would have held of the sale. Will be interesting if the price hits the mid 20's just how much they would have further gained.
Anyway definitely oversold today with bar now outside the bottom of the bolinger band.
HTX Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held