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David Rough buys back into Xstrata at 1/5th of his sale price in March.

On October 12th I pointed to Xstrata (XTA, 862p) non execs purchases as an early positive (although not strong) signal for Xstrata “Xstrata non execs catch a falling knife”. I was particularly impressed by the volume and timing of selling by Xstrata management earlier in the year: “If we look back to earlier this year, […]

Xstrata non execs catch a falling knife by buying shares.

Two non execs have decided enough’s enough, and ‘caught the falling knife’ by buying shares in Xstrata (XTA, 1310p). Ian Strachan on October 2nd bought 5700 shares at GBP 17.19, investing GBP 97k and increasing his holding by over 60%. His colleague Claude Lamoureux on October 9th bought 4000 shares at GBP 13.78, investing GBP […]

Technical director thinks DANA Petroleum undervalued

Thomas Cross (CFO) and David McFarlane (CFO) pretty much called the top on Dana in June this year when they exercised options to buy shares at 236p and 414p respectively, and then sold them at 1886p and 1881p respectively. They took GBP 4 million and GBP 1.76m respectively out of Dana Petroleum (DNX, 1037p) within […]