Yes, but step back a bit for context and look at this another way. Given Scanlon's situation he doesn't need to buy much on market when he can exercise those options at later stage when the options will be massively cheap compared to the SP.
So it seems like it could be a signal to the market that the smallness of the on market buy shows he's confident those options will be in the money later, and that's where his main purchases will be...right?
I've seen this play out before with other stocks.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
68.0¢ |
Change
-0.040(5.56%) |
Mkt cap ! $152.7M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 72.5¢ | 68.0¢ | $276.0K | 392.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2177 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 1575 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| BGD (ASX) Chart |