25 October 2017 – director dealing
Following on from the recent purchases of 200,000 shares in the company, executive chairman Jim Meredith has purchased 800,000 shares in the company at a price of 31p. This has taken his total holding to 1.5m shares. This is clearly a significant investment by the chairman and although uncertainties persist with regard to the ongoing landfill tax issue, those investors prepared to take some risk could consider dipping their toes in the water. We upgrade our recommendation to SPECULATIVE BUY.