"Black out period coming to an end and then bang!"
The transaction took place on 5.March, so the company is and has been clear to release the Company's half-year financial accounts, because the blackout period is the date that is five trading days immediately preceding and 24 hrs immediately following the release of the Company's half-year financial accounts.
Other than that Trading Policy – Listing Rule 12.10 applies, which specifies insider trading and information as being illegal at all times, while continuous disclosure obligations under the Listing Rules still apply. So I assume that TG didn't have any insider information about any Moora drill results when he made the purchase announced to the market. If he had had any insider information, he wouldn't have made the purchase at all, because it wouldn't have been OK at any point in time independent of any block-out period. Trading on insider information is never OK end of story!
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5 | 40582 | 0.775 |
8 | 111497 | 0.770 |
2 | 70000 | 0.765 |
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Price($) | Vol. | No. |
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0.795 | 85840 | 7 |
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