Cheril et al1 Oct 2014 08:12
I meant that he has obviously sat down with the BOD in the first place to inject as much money as he did back in March. You don't put that amount of cash in on a punt, so he obviously knows what's going on, director or not.
Now, knowing what he does, will be far more than the market knows and that's a given, so, my comment stands. You do not have to be on the BOD to be insider trading, you only need access to information not in the general market place.
Sorry if I confused peeps.