Given there have been 5 instances of directors buying in the...

Given there have been 5 instances of directors buying in the last month or so (not including DRPs), it suggests to me that one of the funds, or the underwriter are selling.

Nevertheless, the important points here are:
- the company has consistently delivered on forecasts (as eternalgrowth mentioned)
- the company reaffirmed its guidance in the most recent presentation (actually upgraded it), and called out when 1bn in revenue had been achieved (early Dec)
- The two major holders have a large portion of the company and of their wealth tied up here. Company operations and outcomes will have the largest effect on them

For what it's worth, there has been quite a bit of selling post SPP, both before and after guidance has been affirmed/upgraded.


And on a completely different note, I was curious to see how the Microsoft cloud partnership program would work and the revenue model behind it. This FAQ is quite good at describing it all:
http://www.rhipe.com/wp-content/uploads/2015/04/Microsoft-Cloud-Solution-Provider-FAQ-April-2015.pdf

(Some assumed knowledge in there - I work directly with AWS/Azure, so I may be overlooking the background information required)