Oh I agree - I would have loved to hear more news over the past year. And yea - I certainly wish we weren't raising at such low levels. And yea I also agree - it will be annoying if it comes out after a raise happens - and of course that would raise some eyebrows as well.
However - none of that negates any of what I said - that plain and simple, it's illegal to trade on undisclosed material information - and if caught, it carries stiff penalties. No matter who else may or may not be doing it etc. AND it's a fact at this point that they are sitting on material undisclosed information.
Either the deals are progressing well and will likely be signed (material revenue stream to come) - or they are failing and likely won't be signed (material because there's a decent expectation for them to come at this point). So IMO - legally, directors probably shouldn't be buying or selling on market at the moment.
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