Ozblue, I hear your concerns though I will cut management some slack as they still have plenty of skin in the company. Director buying of shares in their own company can be overplayed/overhyped. To illustrate the point, I own shares in a Texan oil producer, Maverick Drilling (MAD). One of their directors bought 2.2M shares for 49c on-market back in September 2013 for almost $1.1m. The stock currently trades at 9.8c having recovered from a low of just under 5c about a month ago. The director in question is still down $900K on that transaction.
PLS chart, page-1827
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Last
$2.85 |
Change
-0.150(5.00%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.98 | $2.83 | $92.31M | 32.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 46000 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 89829 | 11 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |