If you look at a chart of the share price since it listed, following the price crash the price almost looks like a horizontal line, very unusual.
In a cynical way, it kind of seems like there's been an instruction that the price shouldn't drop below the IPO price, and buying is happening accordingly.
The CEO's purchase of 1.7m shares is actually the majority of the trading volume over the fortnight, so it suggests that the CEO is supporting the prices at the moment (e.g. to protect the value of his position) and if he weren't doing this, where would the price be heading?
