Is it desperation or cheap shares?

All of a sudden EGO's shareprice jumped from 29.5c to the present 33c over the last 3 trading days

Is someone from the team topping up their measly holding to ensure their survival or is it an opportunist in the top 20 who supports the board getting cheap shares and who wants to maintain the status quo?

I don't think I am wrong about the team topping up because that is what a couple of them did last year before the AGM to ensure the resolutions got through.