RIC 1.08% $2.80 ridley corporation limited

New director David Lord's buying 18,200 at $1.35 yesterday was a...

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  1. 2,299 Posts.
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    New director David Lord's buying 18,200 at $1.35 yesterday was a welcome gesture.

    Today's announcement is more significant, with chair Gary Weiss topping up his holding on-market buying 25,000 at $1.315. On 21 Dec 2015 Dr Weiss bought 35,000 at $1.52. In two bites, he has moved from holding 50,000 shares to 110,000.

    As you all know, director buying is a very bullish signal for any stock - they know more about the business than we possibly could.

    A cynic would say this is a very modest investment by the wealthy Weiss, but I prefer to be encouraged.

    DYOR

    Ash
 
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Last
$2.80
Change
0.030(1.08%)
Mkt cap ! $795.8M
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$2.79 $2.84 $2.78 $959.4K 341.2K

Buyers (Bids)

No. Vol. Price($)
1 100 $2.77
 

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Price($) Vol. No.
$2.81 1932 2
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