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#Nexam: More #insider buying a bullish sign

Today, we note the second insider purchase in Nexam Chemical within a short period of time. Member of the Board Cecilia Jinert Johansson has bought 5000 shares on November 21st (http://www.nexamchemical.com/Investors/Share-Information/). This comes only a few days after fellow member of the Board Michael Karlsson has bought 42 000 shares.

Obviously, this is a strong sign for the share. A lot is going on for Nexam and a fair guess is that the Board has pretty good insight into which direction things are developing. With Mr Spetz taking over as CEO in a few weeks time, Nexam seems well prepared to take on the new phase of commercialising is products.

Nordic Investor

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