Directors are usually in for the long haul and don't watch weekly movements.
In the case of EOS it was the Directors that agreed to the placement price of $2.30 knowing:
1) That on announcement the sp will fall and
2) That some of the brokers clients taking up stock would be selling sooner rather than later to take a profit.
Bots, page-4
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 (20min delay)
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Last
$1.23 |
Change
0.020(1.66%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.27 | $1.18 | $692.4K | 564.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10759 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
