I agree with above, that 70.000 is not substantial and others can have more, but as I see it: these directors are paying money to be part of their company. In other sectors like banking, directors tend to suck out money by giving themselves free shares through "in the money" options. They could have done that too, instead, they double down on their project.
Directors have different earning models than hardcore investors. So, to me it's a sign of confidence and good practice.
I agree with above, that 70.000 is not substantial and others...
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $175.5M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 12.0¢ | $204.9K | 1.637M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 457848 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 624809 | 11 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 12.3¢ | 13.0¢ | 12.3¢ | 1375641 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| AGY (ASX) Chart |