New Britain Palm Oil's finance boss and chief executive have showed their faith in the Papua New Guinea palm oil producer by spending a combined total of nearly £200,000 of shares.
Finance boss David Dann took 30,000 on the Port Moresby stock exchange for the equivalent of about 384p a share and chief executive Nick Thompson bought 20,000 at the same price.
Their respective stakes now total 152,000 and 370,000 shares respectively.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The company is Papua New Guinea's largest oil producer of palm oil, which is used as a fuel and as a food ingredient.
Top Director Buys
Value: £115,200
Value: £90,200
Value: £76,800
Top Director Sells
Value: £170,954
Value: £20,240
Value: £13,223
-
8 of the best lakeside properties for saleThe best lakeside properties – from a house on the southeastern shore of Loch Lomond, to a 15th-century hall overlooking a lake in King’s Lynn, Norfolk
-
Gold’s allure and why you should never 'pay a premium for graded coins'It is easy to become distracted by the beauty of gold, but remember why you buy it, says Dominic Frisby
