Basically if they think the market's undervaluing it, they can take it private and realise the profits themselves and have full control over the company (as well as not having to pay ASX listing fees or comply with their regulations).
Just speculation, but this amount of director buying is very interesting.
Ann: Appendix 3Y, page-14
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $81.16M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 18.0¢ | $2.233K | 12.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13596 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 59949 | 1 |
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