At this point it's a bet on whether the directors are buying because:
- they think they can sell the company to the same party who interested previously after the capital return
- they are trying to secure their position by appeasing angry shareholders
I think its the latter, but they are hoping to convince the market it's the former.
Given they sold Montney for a measly $1million per annum saving, I think they are lowering costs so they can milk the Blackspur for wages for another 5-7 years given the low margins.
But who really knows...
At this point it's a bet on whether the directors are buying...
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