Good gesture, and with meaningful amount, anywhwere close to $80k is a good money spent.
Well, put it in context, he sold 1,000,000 shares a month ago at $1.89, he bought back 10% at nearly 60% discount. He did it pretty well. I wish other shareholders has the same "crystal ball".
In bear market, director buying is not a strong buying signal on a falling share price, but director selling into a falling market is a very strong sell signal. Previously, we have Nathan buying at around $3 like crazy, and share price is still falling. It fit BMN directors and BMN pretty well.
Overall, it is a good thing, but nothing to be overly excited yet.
it is green, page-9
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Last
$2.95 |
Change
0.090(3.15%) |
Mkt cap ! $526.9M | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.03 | $2.94 | $1.499M | 505.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1610 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 5480 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BMN (ASX) Chart |