RE: Directors awareness ...13 Oct 2021 18:40
So Chairman now has: 'Following the purchase, Mike holds 1,500,000 ordinary shares in the company, representing 0.55 per cent. of the issued share capital.'
It's a decent amount. Today's was not some sort of symbolic buy; it's not the amount of money that's negligible to a business person. He must have faith in Eve. He has a better idea of the prospects that we do but it's still a gamble for him, just a better informed gamble.
Also, the fact the SP is unchanged shows that there's a limit to the effect a Director buy has. Would a similar buy from CC have been any different? Admittedly it may take a few days to sink in to the market (better that than a quick rise, and then fall back).