I'm not sure how long you have been in the market.
But a classic rebuttal to ASX speeding tickets regarding takeover speculation of targeted companies is:
"discussions may lead or not lead to a transaction".
On your logic, the CEO is allowed to buy shares if a takeover doesn't eventuate. Discussion, intention etc etc are much different from knowledge of an impending acquisition.
If you feel a takeover is certain - it seems you are implying that - then the CEO shouldn't be buying shares with that knowledge.
You'll need evidence to support that @Jausty1919 and today's ASX ann says otherwise.
Rabbit holes sound like your thing so look forward to further replies.
Above is not financial advice and my opinion only.
NXL Price at posting:
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