Good gesture, and with meaningful amount, anywhwere close to $80k is a good money spent.
Well, put it in context, he sold 1,000,000 shares a month ago at $1.89, he bought back 10% at nearly 60% discount. He did it pretty well. I wish other shareholders has the same "crystal ball".
In bear market, director buying is not a strong buying signal on a falling share price, but director selling into a falling market is a very strong sell signal. Previously, we have Nathan buying at around $3 like crazy, and share price is still falling. It fit BMN directors and BMN pretty well.
Overall, it is a good thing, but nothing to be overly excited yet.
Good gesture, and with meaningful amount, anywhwere close to...
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Last
$2.30 |
Change
0.120(5.50%) |
Mkt cap ! $410.7M | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.31 | $2.17 | $2.017M | 892.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 19901 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BMN (ASX) Chart |