The man responsible of JSE heavyweights Naspers and Prosus Bob van Dijk has taken a leap of religion and acquired R157m in Prosus shares on the birth market. The glaring quiz is why did he decide Prosus over Naspers provided that the latter trades at a elevated carve phrase to its underlying fetch resources. Regardless, shareholders shall be smiling as insider buying is nearly continuously a clear signal. Insiders promote for many causes, but handiest gain for one. Van Dijk has attain beneath stress from shareholders and analysts following an excellent deal of unsuccessful company actions. No matter shareholder push lend a hand in opposition to some of his ideas in bid to release phrase, Van Dijk has been steadfast in his resolution making. And there’s nothing love a R157m funding of his after-tax cash to align shareholders pursuits with that of his own. – Justin Rowe-Roberts
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