my best assumption is that the blackout period doesn't really apply during the course of the quarter - contracts can land at any time. In an email from investor relations, they confirmed that the directors bought just outside of the quarterly blackout and because they can’t predict when the contracts will land, they can buy outside if this until such time.
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- Ann: Q3 FY23 Quarterly Activities Report and Appendix 4C
Ann: Q3 FY23 Quarterly Activities Report and Appendix 4C, page-140
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