Monday, December 5, 2011

"Glencore's CEO vows to hold on to shares" (GLEN.L)

The stock is up almost 2% today but still down from the IPO price.
From Reuters Africa:
Glencore boss Ivan Glasenberg said on Monday that he would not sell any of his shares in the company as long as he worked there.

"None of us has sold a single share. Neither before nor after the flotation. And I've often said that I'm not thinking about selling any shares as long as I work here," Chief Executive Ivan Glasenberg told Swiss paper 20 Minuten in an interview....MORE