re: Ann: Linc Energy CEO, Peter Bond, Buys Mo...
Can anyone enlighten me as to the blackout period of time, for a director to be buying on market, prior to announcements? I think then it is only a matter of adjusting this time period to when the next big announcement will be made. PB is giving us a peak at the upcoming date of this announcement, by making this statement today. 855,000 shares bought on market, is nothing to be sneezed at, I would suggest. Just wish I had his deep pockets to follow suite.
All in all a big show of confidence on his behalf. PLUS a prudent investment, having inside knowledge of where the company is heading in the near future. Well done PB, I wish all directors in my portfolio, where showing the same confidence in their companies!
LNC Price at posting:
$2.97 Sentiment: LT Buy Disclosure: Held