I believe you will find that with regard to SMSF - there is a requirement that whenever a SMSF purchases as an asset from a trustee or beneficiary, you need to prove mutual benefit ( or no disadvantedge to either party) . Transferring on market is the easiest and clearest way to meet audit requirements.
Pretty sure the transaction does not contravene any directors share trading restrictions
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $39.98K | 1.759M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3120380 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 207741 | 5 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MAY (ASX) Chart |