Surely if we are talking about unknowns it could be any kind of deal that is not already committed to. Almost anything would fall under this. Anyway talk about being negative people bleat on about directors buying to show confidence, then they whinge about no news due because of a directors purchase.
What i meant was yesterday the 1.8 mil was shown as a sell. At the time i studied the trades before & after, which indicated it was a buy. The RNS today confirms that, with the added bonus of it being a director putting in his green. Maybe him & his mates may want to one day own 100%?
as I posted hadn't seen rns , yes S Davis has bought , still makes no difference to how I see things . he's spent 84 k , he's making enough from the loan to re-invest the 84k , after all his money is safe . loans and bonds and settlements get dealt with first if it goes into admin . I'AM not saying sound oil will as don't think it will, but assets cover his investment , just remember that , unlike your investment . he has no risk . never get carried away with director buys , % call is it will fall below that buy . so again we now know no good news for another 4 weeks minimum . FCA rules . gl all sounders . nothing much more to chat about here for awhile .
All credit to you if you get lower than 4.2. I'd be surprised if you did but all the best. Directors buy I think confirms it was not delayed ad frequently delayed trades come up at different times than the quotes transaction time, so everything pointed towards the trade as a buy.
looks as if we were on the right tracks with our thoughts yesterday, saying the large trades, could well be buys. The trade in the excess of 1,800,000 a Director Buy, well done to Simon Davies for putting his money where his mouth is. I think this action will give a little more confidence to longer term holders and also may encourage some new investment into the company..... I think the posters will now forgive James Parsons, as his actions of selling a portion of his shares to cover tax obligations no long seem so bad.. I am glad that the sentiment of this discussion board has improved somewhat today.... GLA, Onwards and Upwards from here....
naive , yep that's me , why I sold at 6p and will get a lower entry than 4.2 p of that i'm certain and then be in a lot better position for no extra lay out . that's how naïve i'am . ps , trades can be delayed , fact so lmao . naïve .
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