Insider buyingA check of insider reports on SEDI shows Dalziel at about 6.5 million shares and another 750,000 options. The purchases coincide with buys in the market by Haywood, house 62, and Anon, house 1, so it looks like he continues to buy; Haywood bought another 170,000 yesterday. I'll watch the reports to see if this is reported by Dalziel, confirming my analysis.
The last Info Circular, filed last Fall, shows him as holding 3.145 million, so he's been a heavy buyer this year, starting in April, adding about 3.3 million in 4 months. Togther with the option grant, and the recent rise in the SP it strongly suggests something will be happening soon. As an exisiting sharehold, with a cost base above the current market, I'll take the hint and average down before the market moves higher.