Maybe they see the business is going to do well from here.A race for directors to pick up a bunch more cheap stock before the re-rate.Shares at point 4 plus the free option pretty much the same as point 3 at market.That's why still selling at point 3 even when some small trades at point 4 attempting to push it up.
Tough job in a depressed market.Director B. Selling before leaving, probably average price between point 3 and point 5? So planed exit or fo. Thoughts here.?Shares are so cheap. Why would they buy on market when they can raise cheap and add that extra cash to the coffers.We have seen this move lots of times before on ASX, Have we not?Anyway. Directors putting money in. New investor on the books.Anyway, the company looking pretty safe now and hopefully way under valued in my opinion. I've been a shareholder for I would hate to say how many years.Point 3, point 4c great buy if you ask me.Sad for the underwater holders who have run out of loot and optimism.. and respect.
That's the small cap asx game.
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