Looks certain to me he is going to take this private and pocked a few hundred million. Then if he is really clever then sell it to a corporation or hedge fund.
This is going higher and it looks like more director buys, on the way. Take it to 50% then make an offer for the rest looks like. £1.50 should do it. so 100% upside at least.
It looks certain the boss wants to take this back into private hands. He got the cash. The city has not given it the value he sees that it should be. So take it back...
The boss put a lot of money in here. So it must be in good shape. Looks like he wants to take the company private. Now how much will he pay for the 53% he does not own? £1.00 £1.25? £1.50?
DFS can take this over quite easily. Bit of financial jiggery and it can pay for the take-over from gains in tax losses. Expect bid shortly. 5 pence initial offering rising to 7 pence for take-out. With nice package to the management for agreement.