always a concern when large shareholders or directors sell.
But notice the CEO did not sell he increased his holding by 200,000 shares ie exercise at 11 cents.
The large shareholder had 35% of the company and is only selling half of what he picked up during the GFC. With volumes going through he could have exited completely and taken his profit. I think this is a prudent move. He has many other business interests.
Now the chairman selling 122,000 what's the point? I reckon his wife wanted a new bathroom or an overseas holiday.
HTX Price at posting:
15.0¢ Sentiment: None Disclosure: Held