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Kenmare – Director’s share purchases mean jack shit – keep selling

Tom Winnifrith
Friday 14 March 2014

The peasants at Kenmare Resources (KMR) are revolting. Quick! Toss them a few pieces of bread from over the castle walls. That will keep them quiet. And allow the board to keep their noses in the trough for a bit longer. Yes these grotesquely overpaid failures have bought a few shares in this hapless enterprise. 

The world’s number one mining analyst Roger Bade of Whitman Howard commented today: 

The Bulletin Boards have been pleading for Director share purchases for ages and now they have got their wish.”

Really? Check out the RNS. 

on Shareprophets | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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