Previous charts mean nothing. Rising dividends, paying off debt, profits rising, a recent acquisition, and forecast to be ahead of expectations. I do think you'd have to be slightly thick to be willing to buy that many shares into a failing company that you knew was going to take a turn for the worse. For now I can't see why this shouldn't gain a few pence. Let me know your reasons otherwise.
Its against FCA rules pertaining to directors buying ahead of forthcoming statements. There is a closed period of 1 calendar month ahead of any companies results, trading statements.
Either way, I wouldn't read a great deal into this to be perfectly honest, since I sold a few months back this stock has struggled to make significant headway and on a chart basis now looks to be heading into the 40s as opposed to heading higher into the 50s.
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