If I remember correctly, a study that came out some years ago said that director buying was an unreliable guide when the share price had been falling, but was a better guide when SP was up. I don't know whether the study was logically sound. Nevertheless, I have been waiting patiently to top up my MYX holding, and the director Buy seemed a pretty good indication, so I added a few shares this morning. GLTAH.
Ann: Change of Director's Interest Notice, page-69
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