I think you'll find the insiders have been buying knowing that this news was coming and sold out on the news being announced. They'll be lurking ready to buy back in when the share price drops down again.
I reckon you're on a good stock here Ninie, however, I'm waiting for the capital raising before I get into it - I get a feeling a few others are as well. Tempted to buy the $500 worth just to have an opportunity at a potential raising and buy the rest later.
I think you'll find the insiders have been buying knowing that...
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