It's also worth noting that Australian Heritage Group looks like a managed fund he runs on behalf of sophisticated investors, so I am not sure it is beneficially his. Not sure about the other structures. They look more personal?
Whilst it's great to see ex-directors increasing substantial holdings, new substantial holders, etc... I am a little bemused by the sell side. There have been some larger orders going through and still some sitting there, for example a 1,000,000+ order at 7.2c. Who are these sellers? Apart from tax loss selling, why sell? Perhaps best not to worry about this and focus on the fundamentals, which will get clearer if we get the plethora of announcements that are possible to come out.
PYC Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
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