re: director buying more In total this director has added 230,000 shares since his appopintment in March.
If a director of the company can add a further 80,000 shares to his portfolio (on-market purchase - announcement out today) at 8.8889c, on top of the 2*50,000 that he bought at 12.5c in July, and another 50,000 at 13c also in July - I suggest that todays closing price indicates that this company is significantly undervalued.
I think that the market has not cottoned on to the significance of the off-take agreement announced yesterday.
I always like it when Directors buy shares in their company on-market - nothing quite like a vote of confidence from the people who (should) know the business the best.
Fiery.
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