RE: DIRECTOR BUYS10 Dec 2021 13:46
Kat:
He sells: Ordinary Shares at in the company at an IPO of £262 pence per Ordinary Share. JP Morgan the investment back taking 5% of the company. Its now more than likely he bought back off them. And paid less than £1.00. Not good at maths but has he not got back 3,000,000 shares at or around £5,000,000 less than what he sold them for?
He must think the price too low. Its a good idea to follow a director buying. He would not buy if the company had troubles.