Jan. 6 at 1:30 PM
$LSAK - When a Chairman Puts
$9M of His Own Money In - Do You Pay Attention?
Came across something in
$LSAK that raised a very specific question for me.
On January 2, 2026, Ali Mazanderani, Executive Chairman of Lesaka Technologies, disclosed an open-market purchase of 1.8M shares at
$5.00, putting
$9M of his own capital on the line. A few weeks earlier, the company’s CFO had already stepped in twice with smaller open-market buys in December.
So here’s the question I’m really curious about:
When a chairman makes a large personal capital commitment after other insiders have already started buying, do you treat that as a meaningful signal - or just noise with good optics?
I’m not asking whether this predicts price action. I’m asking how people here weight this kind of behavior relative to other signals (fundamentals, institutions, options, etc.).
Genuinely interested in how experienced investors interpret setups like this.
