director increases holdings buy 1.27% $150k

Announced yesterday that Gary Fallon Director increased his holdings buy 1.27% to 9.64% buy buying in the issue expiring on March 31. (Cost$150,000 or 600,000 shares.)
Interesting that he did not buy on market pegged price @ $0.22.

Also Trevor Woolfe (Managing Director) also purchased in the rights issue $10K or 40,000 Shares.

Maybe they can not buy on market due to the ASX rules?

BUT WHY IS THE AHR BEING HELD AT $0.22 during $0.25 option expiry time?

Current Market Cap $8.44Mil.
Shares on Issue 38.4Mil
On market Options due to exp 31 March.

Drilling in progress with outstanding results each announcement.

Time will tell

Please do your own research.