Shoe... the after hours released trading statement... Now we understand why the directors have been selling for a while now. And R27 mil sold today by them just before the trading statement? I would buy into share now with the looming correction if I didn't in all honesty expect an investigation into the potential insider trading. Will see where it goes from here. In all honesty this just doesn't look good:
30 Jun 2014 14:10 - Dealings in Securities by an associate of a director of a major subsidiary
30 Jun 2014 17:40 - Trading Statement
Extract out of the statement:
"Accordingly, a review of the financial results for the year ending 30 June 2014 by management has
indicated that the earnings per share and the headline earnings per share are expected to be at least 50%
lower compared to the earnings per share and the headline earnings per share of 10.48 cents for the year
ended 30 June 2013. A further trading statement will be published once the Company has a greater degree
of certainty with regards to its financial results for the year ending 30 June 2014."