I don't think so. in any event James Marsh bought over $100,000 worth. Even if his contract did require him to purchase shares (which I very much doubt) it wouldn't be anywhere near that much.
Directors and senior managers buying on market with their own hard earned is almost always considered to be a strong BUY signal.
ADN Directors buying on market, page-5
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Last
0.9¢ |
Change
-0.001(5.56%) |
Mkt cap ! $28.84M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $23.35K | 2.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 13964901 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 24730299 | 25 |
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| Last trade - 10.37am 04/09/2024 (20 minute delay) ? |
| ADN (ASX) Chart |