He already holds 8million shares? If you were in his position would you be buying another 50-100k worth of shares? I don’t think so, no matter how good a company is you can’t have all your eggs in one basket. It’s a symbolic gesture signifying to the market to buy and to maintain faith within the company from a long standing director, I’m sure most in his position wouldn’t even buy 1 more share considering the amount he already has, but he has done so to reassure the market.
IMO
RVR Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
