Directors buying - Its interesting to me watching directors buying in their super funds. Its good (always better than selling) but I really like to see back pocket money come into the equation befroe I get too excited. You know, the good old take home pay. The Super is 'untouchable' in the medium term and in some cases (look at EAR) the news flow is slow and Directors topping up every quarter makes most of the news.
A cynic would say its simple - pay yourself 10% more, buy shares in the super fund and people can buy on the back of a director buying - self fullfilling perhaps.
I sold basically mine a while back, got back in during the turbulence and then copped it on the way out again due to the capital raising. Might get back in if it makes the right noises in the future.
VRE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
