I am alittle surprised that there has been little commentary on the recent purchase ofshares by one of the directors. He has more than 10M shares so why would hebother to pick up another 15,000?
My take onthis is that as a director he is restricted in what he can say publicly so he’snot about to tweet that “good news is coming so sit tight” or “off the recordthe approvals have been granted” or anything else that may be good news withoutan official announcement.
What he cando is send a message to the shareholders by buying a small parcel that says “Ibelieve the company is going ok - so youshould hold or buy at these prices”.
I could be completely wrong of course . . . . . . .
BBX Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held