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On March 23rd (BXB A$9.63) I expressed intrigue that a director of Brambles (BXB, 380p), Craig van der Laan, should be selling. See ‘Brambles directors sale- economic slowdown starting to hit?’.

On April 18th (BXB A$9.03) Brambles shares ‘slump’ by 10% after an admission that the supply agreement with Walmart was under review (see Bloomberg news here).

Today (June 2nd) (BXB A$8.10) Brambles declare that van der Laan (Group President of CHEP Asia Pacific) has been selling more shares. Over 26th and 30th May he sold 255,000 shares (in his wifes name) to reduce his holding even further, to 368,000 shares.

June 24th (BXB A$ ??) – Brambles have a scheduled ‘Trading update’. We should expect to be updated on the ‘Walmart contract’. I wonder if van der Laan has any insight into what Brambles will tell us ?

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