what does ullmer mean, he had missed the opportunity to buy shares at the discounted price ?
firstly, he can still buy $10k in the SPP.
and secondly, he can buy them cheaper now on market.
Selling shares and buying them back 20% cheaper after a week is a pretty attractive transaction.
It is selling with the inside knowledge of actions that would certainly cause a 20% fall in share price which is illegal, whether "board-approved" or not.
directors selling and capital raisings, page-17
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Last
$37.35 |
Change
0.410(1.11%) |
Mkt cap ! $114.8B | |||
| Open | High | Low | Value | Volume |
| $37.04 | $37.53 | $37.03 | $252.9M | 6.772M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13447 | $37.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.36 | 286 | 1 |
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| NAB (ASX) Chart |