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Myriam Robin

Alan Dixon sold out eight days before ASIC case

Marvellously good timing for the Dixon Advisory scion, if not for poor old Tony Pitt at 360 Capital.

Myriam RobinSenior Writer

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On the afternoon of August 27, noted Quentin Tarantino fan and Dixon Advisory scion Alan Dixon dumped every single share he held in the troubled amalgam of Evans & Partners and Dixon Advisory he helped float only two years ago. By the morning of September 4, ASIC filed notice it was commencing civil action against Dixon Advisory, for allegedly failing to act in its clients' best interests.

Eight days separate those two events. Marvellously good timing for Dixon, if not for poor old Tony Pitt at 360 Capital, now the largest shareholder, who gobbled up every single one of the shares dumped by Dixon and his private company, Mr Orange Pty Ltd, for $18.6 million.

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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com

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    Original URL: https://www.afr.com/rear-window/alan-dixon-sold-out-eight-days-before-asic-case-20200906-p55su1