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.
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