I don't know how you come to that conclusion when people are now offloading their profits from opening as it's now on the decline. It is dropping and is nearly back in the 26's! I am only seeing big sells. No big buys. Thats not to say it might pick up again if it goes lower but saying it is going to 30p + is just misleading....Short position?
Does anyone know when the results are? I looked on the website but couldn't see a date. I've read a couple of times on here the date is the 24th of September? Is that correct?
Jangho has probably made a quick 100k profit or so and will move onto another share, and do the same thing. Leaving a stake in for the longer term. If he can make 100k off 5 stocks in a week or two thats not a bad profit is it?
7% rise today... If we have a good open and a green day tomorrow we will be back in the 50's. Onwards & Upwards from here. Lots of good news and lots of good news to look forward too.
I agree with Triump1. it makes absolutely no sense that the director would buy shares if a rights issue was about to happen. If anything that is a reassurance it will not happen.