AJ Warri, thanks for your thoughts, I do agree with you about all those unknowns being a bit nerve wracking however I'm sure that the 2 recent insider buys one of around $34800 and the other $35100 of shares at the end of October and early November would not have happened unless the director
( his experience includes chartered accounting with KPMG and Littlewoods, merchant banking and corporate advisory services with AIFC (an affiliate of ANZ Banking Group)
had a good feeling that the numbers are stacking up in his favour, after all directors are in a much better position than the rest of us when it comes to these situations,
(thank goodness we have rules around disclosures)
I'm sure that for those who take notice of such disclosures in particular when companies appear to be in distress and when insider buys are happening, I believe for those that are patient there will almost always be a reward.
fp
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