Assuming Mr O'Neils 'interest' is financial in nature, rather than mere curiosity, one must logically assume that he expects the shares to increase in value. After all, it would be terribly bad form for him to be shorting them given his recent appointment. Not the done thing, what!
Get a grip guys. This must be very good news. Even ST2's efforts to devalue the positive implications are feeble at best. The RNS appears to imply that his 'interest' was pre-existing for, if he had bought since the appointment, the wording of the RNS would surely have been different. Given the somewhat depressing history of this company, coupled with its current cash flow problems, he would surely have to be a masochist to engage in further involvement unless he was confident, not just optimistic (like most of us), about its future. After all, at 62 years of age and with what appears to be a successful career behind him, it is difficult to believe he would need to take a job that involved overseeing an ailing business, rather than a successful one. BTWDIK
Contrarian views, with a sensible analysis, welcomed.