Forum Topics ALC ALC Director Buying

Pinned straw:

Added 8 months ago

Daniel Sharp, ALC Director bought 250,000 shares.

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Sounds like a lot but outlay was ~$13k, didly squat, similar to Kate's outlay.

On the back of Kate buying, has this been a Board-wide action to shore up confidence by having each director purchase SOME shares, I wonder?

This feels like another half-hearted, no conviction purchase. Better than zero, thats for sure, but doesnt quite move the dial for me.

Discl: Held IRL and in SM

Solvetheriddle
Added 8 months ago

@jcmleng thanks for looking this up, i saw the announcement but couldn't be bothered. you are right a lot of shares for not much dough.

reminds me of what some fund managers do, "sprinkling" light buying or selling at lows and highs so that they can say they traded at those levels when they did sweet xx

maybe im being too critical, hopefully some signalling by d's

held but no real conviction to add

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nerdag
Added 8 months ago

Agree with @jcmleng & @Solvetheriddle. The quantum and value of the trades is lacking in conviction, and the market seems to agree.

Still held.

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