We can't be sure if was a director until we see an announcement...though the pattern from previous director's buys suggests it might have been.
Regardless however, it is obviously somone associated with the management of the company...or at the very least, someone know to them...is buying shares.
Recent director buying, existing shareholders topping up...long period if inactivity with the share price...turn-around financial performance...poorly understood sector, etc...
You don't have to be Einstein to work out what's going on.
Still...as I have said, there is not enough liquidity for me yet...once there is, even if I have missed a few points, I will buy.
The reason I hold out in such illiquid scenarios, is that given the recent range trading and apparent "capping" of the share price, there really is no telling exactly when this could end.
I really don't want my funds tied up...even at current levels...if it turns out the "capping" is to continue indefinately.
Cheers!
ANO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
