Ann: Change of Director's Interest Notice, page-7

Directors do generally buy when it's in their interests. That doesn't necessarily mean it's because they're undervalued. There are other motives. The posters above have I believe articulated rational propositions as to why the Directors have purchased & it ain't on valuation grounds. There's every reason to believe they're buying their jobs. If multiple serious offers were made at multiples of the current share price (and I question the truth to the extent to which those proposed deals were genuine &/or capable of closure) why wouldn't Freeman (who holds comparatively a small number of shares) and De Mong (who owns bugger all) and even Whiddon be mopping up everything they could?