I predict a price sensitive announcement within the next few days. If you look back at the history for the last 18 months of this director buying shares, it always seems to come just before positive announcements - see below. Perhaps it is just coincidence, but perhaps it is not.
23/2/07 aquired 13,000,000 shares.
27/2/07 price sensitive announcement that suspension of trading to be lifted the following day.
6/11/07 aquired 420,000 shares.
8/11/07 aquired 1,470,000 shares
8/11/07 price sensitive exploration update on Lionel Diggings (don't know if this announcement came before or after he purchased the shares)
11/7/08 aquired 2,000,000 shares.
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- cycles suggest a bottom in place
IIG
integrated investment group limited
cycles suggest a bottom in place, page-14
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