Uranium miner Paladin Energy advised the Australian Securities Exchange on Monday that chairman Cliff Lawrenson and non-executive director Peter Watson had, between them, sold 4.5 million, or 55 per cent, of their shares in the company between February 28 and March 3, netting proceeds of $3.7 million.
Lawrenson’s broker secured an average out price of 84¢ while Watson had to settle for 81¢.
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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news
