UK 16:18 Friday, 18 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
The behaviour of IGas Energy (IGAS) CEO Andrew Austin is appalling. Director share sales will always cause disquiet among shareholders. However, dumping nearly three quarters of one’s holding and attempting to disguise this as a share purchase is a treacherous and rapacious act. This cannot be an acceptable standard of behaviour for the director of a publicly listed company. Mr Austin has to go.
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Comments
Robert
As you point out the real issue is whether aa’s transaction torpedoed the share price and prevented shareholders taking advantage of further price rises( in the short term).
Bobby Chariot
Hope Piggy can do the honourable thing and own up, his snout will be firmly jammed in the AIM trough though.
alcira16247
Ben
Thank heavens, I took Tom’s advice and ditched these on the outbreak of the Equities First scandal.
Absolutely disgraceful behaviour! Mr Piggy sadly lacks integrity!
Why would anybody wish to invest in such a company led by an individual holding obvious contempt for its shareholders?
Also, note the growing adverse public reaction to IGas in the areas it wishes to operate, ie articles and comments published in the Salford Star, which this matter has fuelled!
Finally ….. you and Nigel are doing a tremendous job here!