By Steve Moore | Friday 3 October 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having announced after the market closed on 30th September, with its shares at 31.75p, that its Chief Financial Officer had sold all of his shares in the company, eServGlobal (ESG) has noted “the recent move in its share price” (closing at 27p yesterday) and “wishes to announce that it continues to trade in line with the board's expectations”. With the shares already down from more than 59p earlier this year, what’s with the share sale though?
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