Hi sirobbo, I dont think it would be appropriate for the directors to buy on market, Scott was meeting with Mitsubishi Chemicals about their MOU, battery anode and toll processing and IP licence.
I am fairly certain a few of the other directors are appointed on behalf of the minority shareholders in the Tormin project. ( Black empowerment) I cannot see them buying at any time.
But I would like to see the other directors buying on market when the constitution allows and the company isn't dealing with price sensitive issues.
I am a strong believer of following the smart money, AU mining have a self appointed director who has taken up his rights and AU mining has taken up their full entitlements.
if your CEO (WKT) who is one of the founding director was buying up your company, this would be very positive, he has been selling dreams at the AGM of the projects mining life doubling and he is an expert in the companies DFS.
I was wondering why he wasn't buying on market when the chairman and his sons were.
Add to My Watchlist
What is My Watchlist?