Nov 2009.
Large sharebuying by Directors is really picking-up stock on the cheap. Price a few days ago was 2.60-ish and now it's fallen quite a bit closer to 1 (today 1.34).

2.60 abt 3-wks ago contrasts with nearly-12 just over a couple of years ago. Only 12-months ago they fell to a L-T low abt. 50p perhaps that was the time to pile-in, although the "property Market" looked like a black hole, just then.
EDIT:()JKD - I don't hold this stock, being somewhat surprised the Directorss have piled-in (although maybe to satisfy the City and Shareholders,) when the time to do that was nearly a year ago. The big issue for me is the stagnation of the Housing Mkt. That house-sales show "a rise in prices" reflects nothing, since there are few sales and it may be well-placed families moving, not the Public at large....er, IMHO.
+ Thanks for yr good wishes, etc.

ho
you are a regular on this board, otherwise i might suspect you to be a ramper.
good luck to you,
regards
jkd

hangon

I seems you have missed the boat, when the share close at 120.9p on the 3er, last Tuesday.
That was the closing day to take up the rights, and as usual there is a special force ( marked down by MMs, Institutions wanting the RUMP of the shares on the cheap, and private investors shorting the stock ).

Since then the shares have bounce, the day after the closing day open already 7 points higher and finished 14 points to the blue, today are also spiking at the moment 138p +4p.

1 - The RUMP of the shares werre taken by the Undewriters at the lowest point during the Time at 120.90p.

From the "UPS" thread

Tue 3 Nov'09
UPS
BDEV 123.90p
Master RSI
Reason - Closing day for the Right issue and Marked down to get the rump at a good price tomorrow, share price well up to the 100p RI so should be taken on high %. has been falling all the way from 270p

today chart after spike