Multi-Network Broadband Connectivity Now Available to Auterion Ecosystem, page-9

Ok, There is a list of Israeli ASX listed companies available. I have taken a sample to look at their board members and whether they are shareholders or not.

As you can see from the below, multiple Israeli directors have bought shares in the companies that they are directors in. I agree the "its not customary to buy" argument is a fallacy. I would suspect that with WBT for example, the influence of a competent Australian based director such as Fred Bart would have helped in ensuring all directors held stock.

DTZ
Board
Bernie Brookes ʹ Non-Executive Chairman - Shareholder
Gideon Shmuel ʹ CEO, Executive Director
Doron Eldar ʹ Non-Executive Director - Shareholder
Garry Browne - Non-Executive Director - Shareholder
Kerry Harpaz ʹ Non-Executive Director - Shareholder
Ian Pamensky ʹ Non-Executive Director - Shareholder

HMD
Dr Ronald Weinberger Non-Executive Chairman - Shareholder
Mr David Groberman Executive Director/Chief Executive Officer - Shareholder
Mr Tal Slonim Executive Director/Chief Operating Officer - Shareholder
Mr David Hinton Non-Executive Director - Shareholder
Mr Doron Birger Non-Executive Director

MOB
Oren Elkayam (Chairman and Managing Director) - Shareholder
Yossi Segal (Executive Director) - Shareholder
Campbell McComb (Non-executive Director) - Shareholder
Jonathan Brett (Non-executive Director) - Shareholder

WBT
David Perlmutter - Shareholder
Chairman
Jacob Hanoch - Shareholder
Managing Director and CEO
Fred Bart - Shareholder
Non-Executive Director
Ashley Krongold - Shareholder
Non-Executive Director
Yoav Nissan-Cohen - Shareholder
Executive Director
Atiq Raza - Shareholder
Non-Executive Director