Before holders get too excited about these latest share...

Before holders get too excited about these latest share purchases by the board, it should be remembered that this is a drop in the ocean compared to what they got by selling to the German investors in April 2021 (ASX ann 1/4/21, "Strategic Investment and Appendix 3Ys")


That document shows Bruce personally sold 6 million (@30c = $1,800,000), Pawlowitsch sold 5 million (@30c = $1,500,000), and Boyatzis sold 2 million (@30c = $600,000).

Today, we learn that Bruce has bought 519,231 shares (@5.5c = $28,557, Boyatzis 320,000 (@5.5c = $17,600), Welch 250,000 (@5.5c = $13,750).

Basically two of them have bought back a small fraction of the shares they sold earlier, and at a huge discount, thus re-investing a couple of percent of the money they pulled out. It's a nothing news announcement.

All IMHO, DYOR