Hmmm!
So, it looks like the MD, Mike Hendriks, indirectly bought 4.25m shares at 0.8 of a cent, paying $34k all up.
His Notice says that they were bought on the market and acquired yesterday.
However, the very big trade happened last week.
As there was no big on market trade on the asx yesterday, I think that the purchase was made last week as part of the Investmet (?) sale. I could be wrong there though, but that is the way it looks to me.
ANYWAY, I take it as a promising sign, even at the discounted price. It must be a period that he was able to purchase - no sensitive info known to him.
Ann: Drilling Completed to Test Gold & Base Metals Targets, page-18
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Change
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Mkt cap ! $2.383M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2191758 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 495455 | 3 |
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