Insider resumes CTE hoovering operations, page-3

"...Insider buying is always welcomed." Indeed, Gareth.

As to why Andrew Kroger is buying, he'll know better than us.

In the past he seems to have making a market - helping out selected Top 20 listers who want to sell but are trepid about offloading on-market because CTE is such an illiquid stock.

But overall, I sense Kroger's key reason for "hoovering" is that he's motivated by conviction...conviction that with~$5m cash, prospect of a return to profit and possibility of a takeover offer, the current MC of $2.67m is unrealistically low.

Would Kroger accept a cash bid of 30c a share? I think he'd be wanting at least 40c, valuing the operation at $20m+.