Directors arent allowed to purchase on market within either 2 or 4 weeks (cant recall which) of a price sensitive announcement (ASX rules - I think Chapter 10 somewhere).
I see it as a positive for confidence, but also a telegraph move that no real info will be released for a further few weeks...which the educated already knew, but now the whole market knows.
On another positive note, it takes off the table another 5k shares to be manipulated !!
Ann: Change of Director's Interest Notice - J Basile, page-7
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Last
$19.97 |
Change
0.070(0.35%) |
Mkt cap ! $2.552B | |||
| Open | High | Low | Value | Volume |
| $20.22 | $20.44 | $19.85 | $4.194M | 209.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2772 | $19.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.99 | 3310 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |