There is never a 'right time' for directors to buy or sell shares .... it goes with the job. But, as noted, you can always follow them - not always profitably I might add - as BF will tell you relating to some of his fairly recent purchases! The guys are doing a great job in very difficult times - the company's top quality resource is growing, access to Port hedland has been progressed and I am sure that they are having some serious and sensible discussions with all the parties that may hold the access-to-market key. But I doubt we will see anything until the BHP/Rio battle and the next round of IO prices with China is revealed. Grumbling in a bear market is easy - but does not achieve much.
UMC Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
