RE: Just a thought20 Jun 2020 12:29
Giles has already posted regarding the directors buys. @Giles - hope you don't mind me reposting part of your post:
"I, like many here, have been telling GS that Director Buys are the best way to show the company’s shareholders that they have confidence in the company. He was concerned that they could fall foul of Insider Trading but I have been pointing out that the Covid-19 situation throws enough uncertainty into life, the universe and everything that this is not the view held by the myriad of Directors of FTSE100 companies that have been busy supporting their shareholders. IMO £10k is large enough to show their confidence and, at the same time, small enough not to be considered as Insider Trading when the anticipated news is released. The price paid is fair as the support level has been at 1.5p for the last couple of weeks and certainly since the 19th May."
This makes sense to me and if they are that concerned they might have fallen into the inside trading category then they must seriously confident that things will start moving. As and when who knows, I think timescale speculation is dangerous and Steve's post about news late June or July doesn't automatically mean company changing news will be realised. Could simply be a things are progressing and all interested parties are still actively involved but covid is still holding things up. Hope not but lets wait and see what happens and give the BOD a chance.