YEah that could be a theory - certainly a lot of trading for no movement.
Last announcement was a new director buying 500 000 on market at 17 cents a share bit over 2 weeks ago.
The announcement before that was Colin Marland buying $32 000 worth of shares on market a month ago.
You wouldnt expect 2 directors to be forking out large amounts of their own money to buy shares in the last month if bad news was coming.
So although I am also wondering why the volume is so high for no movement, logic would say that there is more chance of upside with directos buying then downside.
PEO
people telecom limited
