MRP director Miller, CFO Meek go trawling for cheap shares

Thu, 19 Sep 2013

By Paul McBeth Sept. 20 (BusinessDesk) - MightyRiverPower director James Miller and chief financial officer William Meek went trawling for cheap shares when the government-controlled power company’s share price touched new lows this month. Miller, a former energy sector analyst, bought 9,000 MRP shares on market on Sept. 11 in two transactions at $2.20 apiece, and topped that up on three more occasions this week, buying a further 15,000 shares at $2.17, according to notices filed with the stock exchange. CFO Meek also bought 2,700 shares on...

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