I have seen many cases of a stock being smashed to oblivion & then the smart money loads up at close to rock bottom.
I like the fact this new director has forked out $500k from his own pocket. That ensures there is going to be a strong go forward story from here which should on its own propel the sp multiples higher.
Whether he pulls it off it the long run remains to be seen...kudos if he does - he will be handsomely rewarded.
From a trading perspective from .009c it doesnt really matter. Blind Freddy should be able to see that in the short term at least the news & sentiment is likely to be bullish.
Cheers & good luck with your investments.
FPL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held