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.
Yesterday, on the back of results for its year ended 31st August 2013, I suggested that in order to sleep easy investors in ASOS looked best served ‘checking-out’ significant stakes given the prevailing share price. Members of the company’s senior management team look to have reached a similar conclusion – the following updating on the today-released details of more than £94 million of share sales by them at 5000p per share…
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