No not all insiders. That was a decent volume spike and a large single day increase in share price.
Why would you you pay +20% on price if you didnt think it was worth that - Cause you know its worth it.
ITD has typically behaved this way and a large price increase on decent volume indciates insiders and news. News may take time to come thorugh - but magically when the event in the news occurred it happens to fall on or just after the date of the event.
ITD Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held