Ahead of its AGM I was very pleased to note that Russell Black, one of the DX. (Group) (LON:DX.) logistics group’s directors has been buying more shares.
The purchase at 18.72p a share took his holding up to 2.59m shares.
I have a lot of time for Russell, having followed him closely with his market leading Nightfreight delivery group in the late 1990’s.
His purchase follows another director, Paul Goodson, having added another 400,000 of the group’s shares at 19.2p, taking his holding up to 3.30m shares.
Other insiders have also been adding to their holdings over the last couple of months.
As I have stated before, I believe that the shares of DX, now 20p, are headed a lot higher.
(Profile 20.02.20 @ 12.5p set a Target Price of 15p*)