Collagen Sol Share Price (COS)

Why would the Directors buy stock just last year at 5p and then sell for less?

The company is still making good progress, adding products and contract customers, they have cash to last about a year, so are not desperate.

I would expect either a cash offer at comfortably over 5p, or a sale of a product line, or most likely a strategic investor at 5p+ value but for the future potential.

Interesting trend rise this week, has tailed off a bit but are we looking at 4p+ for takeover bids?

Every little helps as they say and a $35,000 handout from NZ gov handy as is the rest of the RNS.
Should I start to view COS as a long term hold rather than a short term speculative play with a bid approaching?

Nice filip to cash announced today from US & NZ!

Sold a third of my stake this morning to lock in some of the profit. I will be interested to see where the bid if one arrives is priced? I say if, I think it highly likely there will be a bid just not necessarily a large one.