When employee shares vest, their value on the date is generally taxable income. Terry likely had a very high taxable income due to this, forcing him to sell to pay the resulting tax bill. He's obviously wanted to maintain his overall exposure and bought back while holding back the remainder to pay tax.
The fact he didn't buy more in no way represents his view on where things are at. For all we know he doesn't have a cent more available and has everything tied up here (or not).
When employee shares vest, their value on the date is generally...
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $71.52M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $266.6K | 2.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25960 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 281582 | 5 |
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| GLN (ASX) Chart |