Volume is certainly up. From the governance part of their website I think that directors have 45 days after release of results (third 6 monthly loss) to trade (time nearly up).
I'm unsure about eServGlobal. Their report to 31 October 2013 has a 6 month NOPAT profit (after two 6 monthly losses) but 80% of it seems to be forex gains. The CEO/MD resigned last year (after 2 years of very good remuneration) & I'm told now works for RUL.
Yes, RUL are now more IT as you say but I'm still not sure how much mining software can be sold in what's still an uncertain sector. Another poster remarked about RUL exposure to coal which is still loosing price & seeing mines go to care & maintenance.
Watching, hoping, commenting but not recommending....DYOR as you say.
RUL Price at posting:
72.5¢ Sentiment: None Disclosure: Held
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