BML 4.76% 10.0¢ boab metals limited

Directors buying shares

  1. 1,109 Posts.
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    Curious what people thoughts are on the fact directors are not buying shares in their own company?

    https://hotcopper.com.au/data/attachments/3751/3751918-0abcb74bdcd433593aae27442b1a2032.jpg


    Gary comb (chairman) hasn't bought anqy on market, his last notice in April being shares issued to him, NOT an on-market purchase.

    Gary comb is Chairman of Boab. He is also executive Chairman of CYM.

    Here's where he's been spending his money.

    https://hotcopper.com.au/data/attachments/3751/3751943-63f82f50a5cb1e8d2235549abcfc4b83.jpg
    A touch under half a million dollars spent on market, buying CYM shares.

    Boab also hasn't had a "substantial change in holding announcement" this year. Noone wants in.

    Very disappointing and not a lot of confidence shown from the top given how much progress has been made.

    Yes, Simon has many shares but when did he last purchase? And how many were given to him? No on-market purchases by anyone at the top.





 
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