I reckon the Directors are in a lock out period as they were happily buying (swapping) at 18c and, more recently, buying down to 13c.
Otherwise they are just out of cash.
Who wouldn’t be snapping up 30% more shares for the same money otherwise?
The last update predicted record sales and there has been no announcement correcting that. US retail giant trials update imminent, imo. Halloween and Xmas sales will have been bumper I think, given the new sales and marketing staff appointments.
USA retail opened up so, considering COVID lockdown was given as a reason for dampening growth, I am expecting to see more sales from the increased retail foot traffic as well.
We might also hear more about European expansion plans.
Hoping to find out more soon … before the next 4C would be nice!
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I reckon the Directors are in a lock out period as they were...
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