explains drift down? Graphene Manufacturing Group Ltd. (GMG-X)
On Jan. 5, director Will Ollerhead divested a total of 52,762 shares at an average price per share of approximately $5.76 for three accounts. Proceeds from the sales exceeded $300,000, not including commission charges.
Previously, chief financial officer Chris Ohlrich divested a total of 141,000 shares at an average price per share of approximately $5.55 for an account in which he has indirect ownership between Dec. 22-30, trimming this particular account’s position to 4,259,000 shares. Proceeds from the sales exceeded $783,000, excluding trading fees.