'Written 100 years ago and still just as valid today'.Not so....

'Written 100 years ago and still just as valid today'.
Not so. The psychology hasn't changed but the laws certainly have.
Reminiscence of a Stock Operator was written before the formation of the SEC and insider trading laws. These days it's not so easy for insiders to buy when short sellers generate advantageous conditions.

Look at the distinct lack of director buying in Talga since the appeal submission, despite a substantial decline in price. Given directors were buying at +$1, to me this signals that the directors are aware of materially significant information that is conditional to the appeal decision, which legally prevents them from buying.