Di­rec­tors sell­ing shares not sig­nif­i­cant

Finweek English Edition - - MARKETPLACE -

Speak­ing of Fa­mous Brands, the Hala­man­daris and Hala­man­dres fam­i­lies – the ma­jor­ity share­hold­ers – are again sell­ing in siz­able chunks. As al­ways, I do not worry about di­rec­tors sell­ing, as there are sim­ply far too many pos­si­ble rea­sons for the sales. Frankly, in this case it is about cashing in some of their mas­sive wealth. On the flip­side, a Cal­gro M3* di­rec­tor bought in and there is only one rea­son to buy: you think the share offers a good deal. How­ever, in this case the trans­ac­tion was very small at some R360 000, so not re­ally sig­nif­i­cant.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.