Three directors at Mercia Asset Management have bought more shares in the company, taking advantage of a discount to the net asset value (NAV).
The share price is currently trading below its NAV, which means the directors see it as a good opportunity to buy shares at a lower price than what they are actually worth.
These purchases suggest that the directors have confidence in the company's future performance and believe the share price will increase in value.
This move could indicate that the directors believe the market is undervaluing the company's potential.
