Directors8 May 2025 16:42
The directors who purchased shares will all be underwater by big margins. They are not likely to be wanting this scenario to stay as it is and hopefully will be working to get some upward momentum going asap. Hopefully there will be more director buys to show support etc. This has now fallen to pretty ridiculous levels in the context of usual revenue, price ratios etc. IMO. Anyway have added at just under 24 today and will sit tight for some time to see what happens. As long as debt levels are low/manageable, which they are IMV, it is a matter of waiting until the cycle turns and i will pick up as many as i can in the meantime. ATB, this is not advice btw. Just my view.