Your name sort of gives it away there NZsharetrade! ;)
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A2 MILK EXECUTIVES CASH OUT OF SURGING SHARES WITH COMBINED $36.6 MLN PAYDAY
OMG, shall we do the same?
It was always a given that the CEO would reduce his stake as he's retiring this year. Last time he sold a meaningful stake at $3 last year some people followed suit and many have lived to regret that decision ! He's done a remarkable job, nobody should be surprised he wants to cash up some of his stake and enjoy the good life in his retirement. He still has 500,000 shares and 2.0m partly paid shares.
http://www.sharechat.co.nz/article/3...mln-paydayhtml
Maybe Geoff has to pay for his private yacht to sail off around the Caribbean? :p
But seriously couldnt begrudge him at least cashing out. Stellar job and create wealth for anyone holding for longer than 10 days!
Couple of Articles on Farmers Weekly
https://farmersweekly.co.nz/section/...-demand-rising
https://farmersweekly.co.nz/section/...es-endorsement
it was just CEO last time or also the entire executives? I could understand the CEO part. I am still hoping to see they list in US...:D