Hi Camden,
I had presumed either they were trying to get sufficient finance to do the deal OR they were buying an option in anticipation of a possible third party takeover offer that they may be aware of (and/or friendly to). However, I am not sure if the latter is actually legal or would be classed as "insider trading"?
Is it possible to check other directors or major shareholders in Octavium via Aussie companies office? (This info freely available in NZ, but I have never found a similar thing for Australia).
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