Serious Director Buying

Hi,

Me too - mine was the 30k at 30.75p.

I'm encouraged by this paragraph in Peel Hunt's broker note, which suggests that gas prices won't be hurting the business :

"The group’s largest overhead is labour costs, which was lower in the first
half. The group have staff numbers under tight control and wage inflation
is not an area of concern. Energy costs are not an important issue for the
group although we are mindful. We note that in the UK for example, they
have 2-year fixed contracts have already been entered into."

I also like the fact that they expect to be 'strongly' cash generative going forward. Director buying just two months before the year end would also indicate that there won't be any nasty surprises in respect of H2 trading.

Cheers,

Chris