The day before yesterday (29/10) Livanos Peter bought 71.200 shares of Euronav for a price per share of 11 euro. He is an independent director and a member of the audit committee of Euronav.
The stock had severely fallen down from 28 to 11 euro in less than 2 months. However, the results were promising. The net income per share was USD 3.05 year-to-date.
As Mr. Livanos is a respected man in the business of maritime societies, why wouldn’t we follow his path?