Brave?
He increased his holding by a little over 1%.
I might speculate that the directors drew straws, and Neil drew the least long one.
It's going to take a lot to make me brave here, and I suspect I"ll never be sufficiently more confident than the market to actually ever buy any more of these.
It's a beaut regime from the KOT viewpoint, just attractive enough to keep the likes of CVN reinvesting, but with the KOT the only one actually taking away bags of gold.
At least even with the recently reduced reserves we have opened up some production with a much lower tax rate.
EL
Ann: Change of Director's Interest Notice , page-3
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