I'm sure that's correct. Doubt there is any offer that the CEO /...

I'm sure that's correct. Doubt there is any offer that the CEO / company is aware of. Anyhow, it is probably too early to expect PE right? BG is still hurting from the failed Healthscope bid (if that is even completely over?)

I am not sure this is amazing news. It is probably just a standard part of his employment arrangement, if not a formal term than at least an informal one. It is roughly the same amount (more shares, but price has gone down) compared to the previous director who held about 40k. Any less might have been seen by the market as disappointing. Surprised he didn't buy more - but then again, not everyone has so much cash lying around.