KZA 1.59% 62.0¢ kazia therapeutics limited

director selling

  1. 3,567 Posts.
    Just came out after close.

    Dr Kelly sold 200000 shares at market last week at around $2.75.

    He sold 100000 around this time last year around $2.60 odd.

    I usually see director selling as a negative but in this case with Dr Kelly owning so many shares I don't think it's that bad a development. Would be worried if he started selling millions.

    He doesn't get paid much at Novogen and with so much wealth tied up in shares I don't blame him for selling a few.

    Munch.
 
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