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I understand all that. But your comment “somethings brewing”...

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Virgil73

756 Posts.

68

02/08/24

16:41

Post #: 75048834
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Originally posted by Sharesdude: ↑

Not necessarily. Directors buy and sell shares all the time, at market too. This could simply be a case of the director taking a punt on a stock they believe in.

Insider trading would be more around sharing non-publicly available information with other people, which influences them to buy or sell, before the news gets released to the public.

In this context, buying shows confidence. All we can do is try and read between the lines: Would a director buy shares of things weren’t looking positive? I’ve seen directors buy and SPs plunge even lower.

Though, the opposite also happened with a director selling shares. CEO of DRO sold all his shares at about 80 cents earlier in the year. Right after he sold, the stock shot up to $2.70.

However, as another user pointed out last night. It’s a good sign, and better than a director selling shares.

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I understand all that. But your comment “somethings brewing” would suggest they know something we don’t that should be released publicly.

ARU Price at posting: 16.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $320.3M

Open	High	Low	Value	Volume
13.0¢	13.8¢	12.8¢	$1.205M	9.165M

Buyers (Bids)

No.	Vol.	Price($)
1	110000	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.5¢	456260	12

View Market Depth

No.	Vol.	Price($)
1	110000	0.130
54	2864461	0.125
56	2290702	0.120
31	1719221	0.115
24	1274032	0.110

Price($)	Vol.	No.
0.135	456260	12
0.140	635545	15
0.145	730951	14
0.150	3233879	15
0.155	603716	13

Last trade - 16.10pm 14/11/2024 (20 minute delay)

ARU (ASX) Chart