And you only need look at XRO what happened when got shunted to ASX....
Printable View
Wonder why Huljich family sold so many
Exactly, same reason Rod Drury also sold down his holdings in Xero in couple of tranches from memory.
And what happened to sp since his sell down, went higher and higher. Big boys aren't dummies to participate in these kinds of sell downs knowing what's the growth curve ahead. Recent example of sell down is by founders of APT across the ditch.
Reached first target price which is sell down at $8.60, i'm picking a test of $9 in the short term.
Disc - Took the pull back opportunity y'day to get back on the register after 4 years or so..
Director resign today .