They hear the whispers, see the early numbers, and know about those “informal” offers or strategic sniff-arounds that never hit the ASX. We all know they’ve got reporting obligations, but not everything makes it public straight away.
When a director buys on-market, they’re backing their inside view. It’s often the canary in the coal mine—something’s brewing. They catch up in pubs, coffee shops, write stuff on napkins - that is teh real world.
ASIC’s been snoozing like Rumpelstiltskin. So when a director puts their own skin in the game, it’s often the only real clue the rest of us get that something’s brewing behind the curtain. That's my view, anyone else see it through whatever lens you choose.
STX Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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