TFG directors sell almost R7m in shares
Lower sales and profit expected, which could be behind share disposals
26 July 2023 - 19:17
Directors at TFG, owner of the Foschini, @home, American Swiss, and Sportscene brands among others, have sold a collective R6.9m worth of ordinary shares this month.
Typically, director dealings give insider insight into a company's fortunes. When directors are buying their shares, it may mean the firm is doing better than expected and shares are undervalued...
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