"BP are divesting their Vietnam assets to pay for the oil...

"BP are divesting their Vietnam assets to pay for the oil spill.
Might be worth keeping an eye on Premier to see if they indicate some interest. PPP could be a likely consortium member in Premier made a move."

A very interesting point ronsteib. Well worth keepung an eye on.

Yes I would say that that the Directors have decided that
(a) the current share price level rates as a splendid opportunity to top up at a very attractive price lokking ahead a year or two
(b) they need to support the share price also and a show of 3 Directors buying creates a sense of confidence (which it did do as the sp lifted during the day and will probably hold firmer tomorrow)

I doubt that they would try to take PPP private as I cannot see any real advantage in doing so.
Besides NZOG may have something to say about that.