StockHopper
A director of this company has been buying millions of shares now for a few months. There has been no news to the market and the share price has risen over 100%
There has been no explain why from the ASX either.
Why is this guy setting himself up? If this director keeps buying all the stock knowing that they are planning a new project that is market sensitive then he will be guilty of insider trading.
This is how company directors make themselves millions while the average mug punter misses out on the huge profits. (They hope that nobody twigs)
This will be interesting to watch in the coming months.
I bet they go into Uranium and the directors could not see this coming...lol
Maybe we should all pile on and out bid him? That would make his day. How about I ask the ASX surveillance unit to do a please explain. I am sure this director has a good reason. Double lol.