With an eye on the future (obviously) Steve Garrington the new CEO has purchased 4.5 million IBA shares via the employee share loan scheme etc on market!! Now there is confidence if you are into buy and holds.
Another director has done likewise for a million.
I don't know about you but I do like to see directors put their money where their mouths are.
having said that the chart suggests further price weakness even to the mid 50's wouldn't be out of the question though this would put in place a lovely consolidated floor (as long as that level holds.)
IBA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
