more director buying for sept, page-2

Could be a placement to help speed up construction of facilities and/or purchace another plant, and/or the RMOH deal on Ropren pricing in Russia.


QUOTE...
Since 21/11/06 Solamind have purchased 1,726,896 ord shares at a cost of $1,753,881 (ave cost of $1.01).Peter Stedwell bought 1000 shares @28c.
A director of Farmacon (Simkin)obtained 1,323,279 ords on 4/9/06 by a mixture of on market purchases and transfer from Solamind and an Eastern Russian investor holds 912,000 slace's
Solamind shares came out of eskrow last month but I do not think this is a worry.
Overall this is a pretty tightly held register with directors holding over 20m ords and 10m slace's.Given that many posters on this forum have taken a strong position in SLA as well it is going to be interesting to watch when the bigger buyers start to appear and the last of the traders have departed.There will not be many available shares at todays prices.