Post by
TVR on May 16, 2024 11:05am
No Insider Buying?
A litle surprised there is no insider buying at the current depressed share price. Does not suggest a lot of management or director confidence in future share price appreciation. Birch Hill are very underwayer on their original purchases and their average cost is over twice the current share price. Despite the share buy-back announcement a few months back we know TWM are not buying back any shares at present.and won't until the remaining debt is refinanced. If Birch Hill were believers they should be adding to their holding at at current prices.
Comment by
goodbuddy on May 22, 2024 10:17pm
if your speculation is correct on a leadership change, that won't come across very positive.