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
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Last
$1.68 |
Change
0.020(1.20%) |
Mkt cap ! $286.2M |
Open | High | Low | Value | Volume |
$1.68 | $1.68 | $1.61 | $177.8K | 108.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1100 | $1.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.68 | 4999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 31221 | 1.625 |
1 | 5000 | 1.620 |
1 | 30000 | 1.615 |
2 | 16249 | 1.610 |
4 | 26875 | 1.600 |
Price($) | Vol. | No. |
---|---|---|
1.680 | 4999 | 1 |
1.720 | 17729 | 2 |
1.730 | 25792 | 1 |
1.750 | 508 | 1 |
1.780 | 4483 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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