BTV batavia mining limited

more on market director purchases

  1. 3,666 Posts.
    hsx02,

    It seems another of the directors had the same idea we did - buy just ahead of the buyback.

    Neil Biddle has bought another 300,000 shares at 8.0 cents ($24,000). Putting their own money where their mouth is.

    Safe as houses - supported by both the cash backing of the company (11.1 cps, and growing), NTA of over 20 cps, and 20,000,000 worth of company buybacks in the market.


    I know it is boring when BTV aren't DOING anything, except for evaluating opportunities, and earning interest.

    But really, who would sell so cheap, when the upside is so obvious and easy to research and determine, and the downside is so protected?

    Someone obviously. Good luck to them.
 
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