stock analysis => whl, page-23

"bascially they can't acquire shares if commercially sensitive information is to be announced to the market in 14 days or something."

The Directors don't have crystal balls. They do not know what is happening in the future. Sure, they may have a better idea about timelines then we do, but they don't really know when that all important phone call arrives, be it today, tomorrow or in 15 days time.

So far, most of the information has been released to market, apart from who we are dealing with, but at the end of the day is it that important? We know that it is a huge company and it is going to help HN well into the future whatever transpires.

e.g. Directors of XYZ company would NEVER be able to buy shares on that basis, as price senistive information could come on any given day.

News will come when it comes and I don't think that we can put ANY weight to the fact that directors arent buying, or if they are, then news is at least 14 days away.....

Anyways, just my Ponderings