Shares in Chinese orange plantations owner Asian Citrus Holdings were squeezed again on Monday after it emerged last Friday that an investment vehicle controlled by executive directors had cut its stake in the company.
Market Ahead Investments sold 50m Asian Citrus shares in an off-exchange transaction at an average price of HK$4.34, roughly equivalent to 35.12p, on November 5th.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Inheritance tax bills exceed £500,000 for almost 10% of estatesThousands of estates have had to pay a six figure inheritance tax bill – and the issue looks set to worsen.
-
Can gold protect you against inflation?Inflation is on the rise in the UK. Could investing in gold protect your portfolio against rising prices?
