GBP 0.00% 1.4¢ global petroleum limited

directors just sold some, page-8

  1. 162 Posts.
    The drilling hasn't started, so there is no 'information' yet. Nothing is different now to several weeks ago (except the anticipation & nerves are growing!).

    If they wanted to sell & reduce their exposure, they would need to do it now, or after the drilling results are published. Any hint that they traded (in TRP or GBP) whilst they were in possession of non public information would lead them to a great deal of trouble...

    But, to emphasize again...
    Blakey bought 65K on market at end April (for himself) and 316K (again for himself, rather than for TM services) in January.
    Taylor bought 1.4m+ in January (for himself).

    So they have added significantly (both in number of shares & $$ invested) this year in relation to today's 400K sale.

    They have both also added to their TRP stake (4m+ shares for each of them at end April, 5.8m each in Oct 2008, through placings (i.e. they are putting their cash in, not just granting themselves options or bonuses).

    I am very comfortable holding (for me) significant holdings in both companies.
 
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