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Cellular Goods (LSE: CBX), a UK-based company pioneering the use of lab-based and biosynthetic production methods for wellness and sustainability solutions, announces that Michael Edwards (Executive Director of Cellular Goods) has purchased a total of 1,400,000 ordinary shares in the Company ("Ordinary Shares"), the details of which are set out in the notification below. Following this purchase, Michael Edwards holds a total of 9,400,000 Ordinary Shares, representing 1.56 per cent of the Company's issued share capital.
Is that a good or a bad thing?
To have closed yesterday at 0.47, a director buying above this level is great for shareholders as this would typically indicate the share price will rise above 0.07.
He has an average of 0.00406.
How lucky was Mike to buy when he did…
I’ve picked up more on the back of his latest buy, he’s upped his trade and price quite happily. 2p hood for me
Director only bought £6k worth of shares 🤣🤣
Ddon't expect this company Mcap to be £100 million after his peanut buy 🤣🤣
2 million buy printed. Peeps loading up
Another good buy from the CEO.
H is confident and I'm not suprised at these prices.
My only concern [ and I do hold here but being realistic] is if we get a placement to pay for this development] and the higher the SP the better chances of raising is.
It could be well off yet anyway and for newbies this is a brilliant development so far and LTHs hopefully averaged down a bit and a company that looked finished has a new chance
GLA
Great, likely an issue above 0.7p in that case.
Partnerships are also being explored I'm sure, SkinQ would be an interesting one.
CTT- I’m not no sure about that , the SP is struggling to stay above the 0.5-0.6p range consistently, it’s a day traders dream ( best of luck to them btw)
Nobody trusts CBX long term atm , Mike Edwards and maybe Matthew Lodge have a lot to do to create positive long term sentiment again.
Plus what is happening with Kingtide ? We paid over £500k for this and for what ? Not even a mention yet
Petro do you even read before you post 6k lol
2-1 more buys then sells this morning.
Another 2 million buy printed. Looks like more director buys. Rns coming on Monday
I'm expecting another director dealing RNS tomorrow and more beyond. How much of the company does the new CEO want? 5%? 10%? 20%? Will he buy everything he can under a penny? Will he pay more?
Interesting times ahead at last ;-)