Posted the following reply to forum user Pepe but it does not appear under last 30 posts so re-posting as new topic. "Does Mr Lamberti buying signal confidence in the company. Bought and paid for around +-80,000 shares (average +-R169/share) and 'bought' a further +-130,000 (maybe allocated at nil cost), and all this in the last two weeks." Any comments - is it a buy at current levels?
IPL went ex-div last week and this week more purchases from directors and price has been moving north. Surely it was oversold and on BDTV it was also selected as a stock due to recover (I think it was Mr Shapiro)