Best practice from institutional shareholders viewpoint is for directors to only ever buy, as selling often sends a very negative signal as to a company's prospects. Buy-only directors are either planning to run a successful company in perpetuity with dividends in prospect, or to be taken over (not at low levels though).
NG not only has bought, but rather than a token amount, he is demonstrating he has plenty of skin in the game, and this is at least one box ticked. If the company can improve / rectify its operational performance, then expect a solid re-rating (may take 3-12 mths), perhaps back to the $2.50-$3/sh level, notwithstanding POG.
- Forums
- ASX - By Stock
- Ann: Change of Director's Interest Notice
Best practice from institutional shareholders viewpoint is for...
-
-
- There are more pages in this discussion • 6 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
Add RRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.62 |
Change
-0.035(2.12%) |
Mkt cap ! $1.220B |
Open | High | Low | Value | Volume |
$1.56 | $1.64 | $1.51 | $18.53M | 11.68M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | $1.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.62 | 3208 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 1.610 |
3 | 32637 | 1.605 |
3 | 17201 | 1.600 |
3 | 103142 | 1.595 |
3 | 77737 | 1.590 |
Price($) | Vol. | No. |
---|---|---|
1.630 | 113690 | 3 |
1.635 | 67737 | 2 |
1.640 | 80665 | 5 |
1.645 | 67737 | 2 |
1.650 | 148006 | 11 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
Featured News
RRL (ASX) Chart |