Absolutely they can and should buy on market.
Insider buying is not the same as insider trading.
If DP went and bought 10mil shares tomorrow and Monday they announce something significant then that would be a problem.
However if DP or directors thought the shares were undervalued they can absolutely buy more. He keeps saying he doesn't understand why the SP is this bad.
If you saw management and directors buy on market id almost guarantee you'd see the SP rise. It would be huge shot of confidence.
Giving out incentives with no downside is the opposite of that.
Absolutely they can and should buy on market. Insider buying is...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $109.9K | 9.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 10848681 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 22910913 | 18 |
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| Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
| BRK (ASX) Chart |