I don't think this means anything is about to happen. If they *knew* something was about to happen, they'd tip in a lot more than that.
1,000,000 shares at $0.031 is only $31,000 - not big commitment for someone being paid $120,000 just from Neptune alone, and who knows what else from his other directorships.
I'd say it more about making a statement of support than expecting to make a killing.
A statement of support is still better than no statement of support, and maybe there is more to come, but at this stage I'm interpreting it as spin.
- Forums
- ASX - By Stock
- BLV
- 2nd director buying up
2nd director buying up, page-5
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost