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Myriam Robin

Arq Group chief sold a month before downgrade

Myriam RobinSenior Writer

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A month ago, Arq Group CEO Martin Mercer informed investors that he was "reluctant" to sell 190,941 shares, more than a third of his stake, to fund his tax obligations. He was, after all, "very positive about the company's growth outlook" and "looked forward to continuing to lead the company into the future".

Wonder if Mercer is less reluctant in retrospect, given the stock's performance since.

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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/technology/arq-group-chief-sold-a-month-before-downgrade-20190626-p521ij