The more share he got, the more incentive for Dr MA to improve the share price - think about just one cent SP moving, is having the impact on his FFX holding...
In regards to buying on market, it is never a bad thing - if you recall Dr AC bought on market below CR price of 16c last year, and what happened after that? Is it becasue they have to or they are willing to, with their own money? How many MD in ASX did not purchase a single share after a CR?
Short term pain vs long term gain, and my take on FFX at the moment, is really being not attractive for momentum trader and more attractive for value investor, and for latter the best time to accumulate is always the most boring and quiet period, not when there is so much hype and FOMO.
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