For our MD to buy shares is to the market like an alcoholic is to drink.
For an alcoholic 1 drink is too many and a 100 is not enough. (Bad example but I think you understand).
The share market would see a few 100 thousand shares bought by the MD as not enough and a million bought as a signal to buy. Either way he is cactus in the market when we are not giving positive PFS info.
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For our MD to buy shares is to the market like an alcoholic is...
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