PYM 0.00% 0.0¢ pryme energy limited

Geoff Barnes

  1. 1,360 Posts.
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    Nice to see that the current board of PYM will not step up and buy a single share in the company they have and are running so well and earning huge salaries but on the other hand Geoff Barnes who has been nominated as part of the new board to be voted on in January is stepping up to the plate and buying up like crazy. He has been announced today as becoming a substantial holder in PYM and has been the buyer of late wiping all the .6s and .7s. Interesting Geoff see's value in buying 60 million shares in PYM of late but the directors who's job is on the line dont. Geoff must see some huge value and upside in the assets PYM have plus a healthy cash balance that may be used for acquisitions. Don't forget he took over at FGF and did the same and bought up a heap of FGF shares and then did a tech acquisition. Could be on the cards here with cash to splash. Very interesting times to come.
 
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