RE: Directors20 Jul 2020 11:48
Greg Lock bought 184,300 ordinary shares in the Company at an average price of 787.66p per share in Feb...
Not sure he will be up for another punt at the moment....
Crazy low price, whatever way you look at it there is upside yet the market continued to push it down. At some point it will end in a PE buy out and delist IMO fat old cash cow.
The current CEO and management team have taken this from £20+ down to sub £3 in 3 years. I am sure a change of guard and a new narrative to the market would create material rerate! IIs have had enough of the 'jam tomorrow' repeated statements and 'still digesting HPE' is wearing thin.
Biggest concern at the moment is the accelerated maintenance decline.Listen to the investor call, every person asking questions asked about maintenance.
Crazy low price and huge upside but in my view it is time for a leadership change...