RE: Insider buy-vote of confidence Got my docs today.... Interesting as you mentioned vote of confidence via insider buys.
Now take a look at the information circular.... Note the salary of the managment... For a company this small to have this kind of salaries is ... excessive in my view.
STT is like a private company in that the main principales take a very large portion of the profit, thats ok if you are private...
I just think that salaries more in line with share prefomance are necessary untill the driving force is to have shareholders make a return on investment.... IE options in the .25 range !
Managment and director salaries, retainers, car allowances and fees amount to 50% of the market cap of the company.... If they want it to be a public company then there should be more emphasis on driving shareholder value.
If they want a private company, then they should buy up all the shares and go private... JMHO