Yes, to confirm - I disagree. This needs to be looked into and i'd be happy to flag that parcel with ASIC myself.
What's more coincidental timing-wise, slotting that large purchase in the small window when the company new about the results and before the trading halt, or within the larger window in the days leading up to it from the analyst review where daily volumes were unchanged?
Something conveniently pumped the volume on Friday. It could be coincidence, however it still completely justifies an investigation.
My first thought on Friday was that it was an insto starting to average in. And then the drill results were announced the day after. Quite suspicious.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)