Yes, I guess a company could say they are in continual negotiations, and therefore never able to buy shares on market. The PYC Share Trading Policy says, in Section 4.3, that Directors must wait one business day to trade in securities, upon the release of price sensitive information:
http://asx.com.au/asxpdf/20101223/pdf/41vvg508s4bp5b.pdf
phylogica share price, page-15
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Last
17.0¢ |
Change
-0.015(8.11%) |
Mkt cap ! $793.2M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $419.2K | 2.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 326555 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 222720 | 4 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PYC (ASX) Chart |