Directors soaking up anything offered. The plan is to list on the AIM and with large holdings they won't want to do so at these prices. Good decision to call off the ARW merger, it was clear they were going to continue to be a cash drain for some time. It may have annoyed some who switched into them for the arbirage play though, this is still run a bit like a private company - time it had a CEO.
I have bought a few back, maybe it is time...
