Yahoo Finance

If nothing else, maybe you've just got to appreciate this Australian chairman's honesty?

Marcus Blackmore, chairman of Blackmores, a leading Australian vitamin and natural health company, told his board in a letter that he sold 150,000 shares of the company to "reduce his personal debt" and buy a yacht (h/t Bloomberg's Matt Levine).

(Twitter, @matt_levine)

The letter was dated Friday. On Thursday, Blackmores' stock looked like this:

(Yahoo Finance)

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