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David Jones directors make astute share purchases

David Jones needs to be explicit on what two of its directors knew about a merger offer from Myer that was made to the board of DJs the day before these two directors bought shares in DJs and before DJ’s had decided to reject the merger offer.  DJs also announced an improved profitability outlook a few days subsequently.  As a long-suffering DJ’s shareholder also a bit annoyed that more weight was not attached by the DJ’s board to the offer.  Not a good look.

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