GREY:ZARFF - Post by User
Comment by
stockfyon Feb 18, 2018 4:05am
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Post# 27579719
RE:RE:Insiders continue to BUY at C$0.50+
RE:RE:Insiders continue to BUY at C$0.50+pablo87 wrote: Well, they're not exactly purchasing shares, its under a share ownership plan. But at least, they're not disposing at the same time which was a real problem when the trading volume was low a few months ago.
Yes it's a share ownership plan but the key thing is that they have not suspended it although they could have suspended it and pocket the money.
They are not obliged to continue it. They could have suspended it because it's their own money, it's part of their salary. However, they continue to use part of their salary to increase their position in ZAR under this plan. This is very positive.