RE: Directors Buying2 Oct 2018 10:18
hey Westie,
Absolutely no need to apologise, I value your contribution to this board.
I do find it tricky to apply these kind of "signs" especially to a firm like ARCM and of course, it's not a science.
i guess I was looking at current strength of share, lots of comment about why it hasn't flown / been rerated, no broker revision, is the buying meaningful / substantial given the number of shares / options already held / awarded to the team.
They could flog this now at very little premium to the current sp and still make a very decent turn.
I guess I'm coming from the "under promise, over deliver" stance.
Still, as you say, they are buying and not selling.