I'm gonna throw this out as an outlier:
The BOD of Sheba hospital and other associated KOLs have been watching closely the trial results and RAC and may have had a conversation at some stage. When JC's 12 months was up and he wanted to sell more shares the team put a deal together to sell JC's stock to Sheba and give them a seat at the table. There are other Sheba affiliates holding directorships in Australia and it would be a strong vote of confidence for the drug and the company.
just one of many possibilities, lets find out by Friday but I would definitely NOT want any fund manager on the board or a trading house buying the stock. That would would be detrimental to all holders in the long term.
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1 | 20000 | 1.650 |
2 | 7700 | 1.640 |
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2 | 4461 | 1.625 |
Price($) | Vol. | No. |
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1.720 | 1000 | 1 |
1.730 | 4899 | 2 |
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