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Shares in stockbroker Shore Capital have almost tripled in value since April, but non-executive director Barclay Douglas thinks there's more to come.
The accountant has spent £92,000 on 250,000 shares at 36.75p each. He now owns 1.25m shares, or half a per cent of the company.
Shore received a shot in the arm in August when it revealed strong performances from its asset management and equity capital markets divisions helped boost interim profit and revenue.
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Pre-tax profits for the six months to June 30 climbed to £5.21m from £2.7m over the same period the previous year. Revenue climbed to £17.8m from £13.2m.
Value: £195,000
Value: £92,000
Value: £49,450
Value: £30,000
Value: £25,011
Value: £21,078
Value: £20,280
Value: £18,000
Value: £13,600
Value: £1,480,000
Value: £1,029,076
Value: £210,199
Value: £67,010
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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Average UK house price reaches £300,000 for first time, Halifax saysWhile the average house price has topped £300k, regional disparities still remain, Halifax finds.
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Barings Emerging Europe trust bounces back from Russia woesBarings Emerging Europe trust has added the Middle East and Africa to its mandate, delivering a strong recovery, says Max King
