Dont get too excited the parcle of shares he bought is peanuts 16k dollars when he earns 10x that. It is a good sign but dont look too much into it, one person cannot change the outcome of the compnay SP unless he buys a massive amount of shares.
If i bought 5 million shares right now would that mean i know something?
The volume for this stock is the key if they increase quite high in a short period of time whilst the price rises then i would expect an ann but for now its trading at the low it created a year ago very scary stuff.
I do not hold but will reassess when news or facts are made available as i still beleive there is something in this little one
CIG Price at posting:
8.0¢ Sentiment: None Disclosure: Not Held