Directors buying shares show the market they think the shares will go up in the near term. They just got out of the lockout period so no excuses not to buy.
Just in time as the shorts increased from 5M last month to 32M in today's update. Directors need to show strength and confidence so that the rest of the market sees and also buys in.
The CEO's non-freebie holdings are $18K lol
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise".
- Peter Lynch
$2 PARTY, page-5271
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Last
$2.85 |
Change
-0.020(0.70%) |
Mkt cap ! $3.720B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.99 | $2.83 | $32.53M | 11.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 283125 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 200 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |