Looks like someone needed a hundred bucks for a few cartons Thursday with a sale of 167 shares to bring the sp down 9%.
CTN recently buying and CEO on for another 4 years with an STI variation and another 1m share rights.
Hope the comment in the first half report: “While we are cognisant about the decline in revenue and Operating EBITDA compared to the prior reporting period, there is positive momentum to take into the second half of theyear” is justified.
It's a big assumption but I guess if there was a serious deterioration in H2 his employment agreement wouldn't have been extended unless the board has a particularly thick hide.