sakestler08,
"Look at LRL (Leyshon) if you want to see how a company with cash and no producing assets has traded. "
Still hard to tell, Like PPP, SP below cash backing per share, no debt and it produces 1,000 bblpd.
But following director's buying is always very reliable and it works well for me, plus there is a buy-back plan.
director's buying and on market buy-back, they are no difference imv.