The window for ASX directors to sell shares is open and active, in the middle of an earnings season dominated by worries over the impact of COVID-19. And some have already taken advantage.
Last week, Stephen Padgett, the chairman and co-founder of Alliance Aviation Services, sold 1 million shares in the charter flight group for $3.5 million.
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com