G Selig bought $1m worth of shares at $1.80 in Mar, and another...

G Selig bought $1m worth of shares at $1.80 in Mar, and another $800K worth in May at $0.70 which is 156% of his yearly salary.
This company has good fundamentals and it delivers solid growth in the past 5 years.
While it is hard to have clarity how much of IGL's revenue has fallen due to Covid, it seems to me that most stocks are trading so similar to the broad index. Look at most company's graph, they all look similar to the All Ords index which in turn look like S&P500's graph. At least until financial report is released, fundamental analysis is not much use at this juncture. Technical analysis will be more useful I reckon.