Can't fault him for his conviction, prior to this purchase he already held almost 2% of the company. But he and other directors tipped in $2.2M at the $0.17 raise (and possibly prior to this) so it just goes to show that directors can be just as optimistically blinkered as shareholders.Per an earlier comment you made, definitely need to think about this one on an EV basis ($268M), not market cap ($176M).
Ann: Change of Director's Interest Notice, page-8
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Last
1.6¢ |
Change
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Mkt cap ! $45.58M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.5¢ | $301.2K | 18.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 5410142 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1654438 | 2 |
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