Ann: Change of Director's Interest, page-59

Technically the "Blackout period" is for two weeks prior to and 24 hours after the release of the Annual report, half yearly report or quarterly report.

Otherwise can't trade "if he or she has information that he or she knows, or ought reasonably to know, is

inside information in relation to Company Securities". Which is essentially a reminder of insider trading laws in the Corporation's Act.


So in this case he couldn't have traded from 15 Jan to 30 Jan (two weeks before and 24 hrs after quarterly report). His last trades were on 11 Jan. Then any hint of this new info came to light he couldn't trade until it was released.

between 11 Jan and 5 Feb, he literally had 4 or 5 trading days available to him (not within blackout period), and 4 of them where he likely had insider info and thus couldn't trade.

on that logic his last and only available trading day after his last trades and before the announcement was Friday 12 Jan.