Big Holders25 Jan 2012 08:55
Guys, it's important to remember that these two chaps now hold almost 10% of the Co. and will not have got in for a few pence trading opportunity.
I strongly suspect that they know our CEO and/or others on the BOD and, one would assume, they either like what they saw or they had some reassuring words from BDP.
Senior business people and "captains of industry" within a sector such as Energy invariably know stuff because it is a small, rarified environment and their paths will regularly cross.
TBH, the first RNS stating their purchases was of greater comfort to me than the 100k purchase by IB. I doubt astute business people would take such a large holding w/o some prior knowledge or assurances.
No wonder the recobvery started last week!!
ATB