Just happened to be looking over at PolyNovo (PNV) and David Williams (who is a director of the company) has purchased around 2.5 million shares in the last week or so at prices from the $0.90 up to $1.27. A couple of the other directors have made more modest purchases also. PNV has enjoyed at 60% boost to its share price and added more than $300 million in market cap over that period. So the paper gains they have made as a result of these purchases far exceed the amount invested. Whether that can be sustained is another question of course.
I believe David was involved in the RAC placement at $0.60 per share in July 2020. Does anyone know if he is still on the RAC register?
Also, if we are seeing value at current prices, I would hope that those in the RAC boardroom are too. If any are considering adding to their holding, a little could go a long way here in terms of adding confidence, especially in the absence of other news. We're not in a blackout period at the moment but I acknowledge there could be other price sensitive information of which they are aware which may prevent them from doing so.
General Comments / Chat, page-5612
-
- There are more pages in this discussion • 5,412 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
|
|||||
Last
$1.83 |
Change
0.020(1.11%) |
Mkt cap ! $310.7M |
Open | High | Low | Value | Volume |
$1.81 | $1.83 | $1.79 | $142.0K | 78.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $1.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.83 | 641 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 1.810 |
3 | 7009 | 1.790 |
1 | 450 | 1.780 |
1 | 651 | 1.775 |
3 | 17043 | 1.770 |
Price($) | Vol. | No. |
---|---|---|
1.825 | 641 | 1 |
1.830 | 1209 | 2 |
1.835 | 651 | 1 |
1.840 | 4651 | 3 |
1.845 | 2746 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online