Pinned straw:
It is good to see some on-market purchase activity, but the quantum doesn't exactly scream of a great value or conviction.
I find the timing interesting, being a day after your key competitor in Aus., Telstra, announces a strategic review. Buying a million shares, not huge in $ value, but it is something.
Big bump on the announcement as well so hopefully this signals some positive news is in the pipeline.
plenty of reasons to sell.
only one reason to buy