Directors share buying?17 Nov 2021 20:20
On 17th Aug I asked the question, why dont the directors of He1 buy shares with their own money to give the market and the shareholders proof that they believe in the company. Well, believe or not only 2 weeks later on 2nd Sept, I.S bought 243900 shares and DM bought 110000 shares. On paper thats only a few £1000s worth and personally I was very disappointed in the small amount purchased, the Rns and didn't convince the market in their confidence.
Moving on, if there is a time for the directors to put their money where their mouths are, it's right now, with two new employees now on the board and the 2d seismic taking place this will boost the confidence in the companys profile to another level.