The purchases were between 1 July and 7 July. There was on market volume over those days to account for both Director's purchases. Also, the announcements explicitly state on-market (off-market is a 'nature of change' option that would be selected if that was the case).
Nevertheless, it could have been Heinrich offloading more as he continues with his exit.
I suspect no major news is imminent otherwise it would be tricky to explain why the compliance office gave permission to trade in the closed window.
Good news that Director's are supporting the SP in this manner. Many reasons for Directors to sell shares but only one reason to buy!
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- Ann: Change of Director's Interest Notice - Joseph Camuglia-MAD.AX
Ann: Change of Director's Interest Notice - Joseph Camuglia-MAD.AX, page-9
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