Q: Your take on the insider purchase?
Should be a good thing.
Should be a good thing.
5i Research Answer:
Certainly the committment by insiders is positive, and clearing up the block of shares for sale alleviates a potential overhang. The stock has recovered this year, up 19%. This is a positive development but is not an instant cure, of course. We still need to see better growth, and investors remain concerned about the sustainability of the dividend.