RE: Uwe Glock, PDMR Transaction11 Oct 2022 19:55
Agree, Boyobach, regarding averaging down where an investor is 'doubling down' out of desperation, but I don't suppose that is the case with Mr Glock and by my calculation he has now invested around £57,280.
Interestingly, fellow NED (William) Tudor Brown invested £57,690 earlier in the week to open his holding account (Ref: RNS 05.10.22).
As these two amounts are similar, I'm now wondering if there is a monetary limit that NEDs can invest in the company within a particular timeframe.
In any case, I see these transactions as a hopeful sign and am happy to hold for the time being.