SHARES in components manufacturer Elektron hit a low point for the year last week in the wake of full-year results.
Although the company, which specialises in manufacturing products including switches for appliances such as computers and coffee machines, posted strong figures with sales up by more than a third, it admitted this year would be "more challenging".
However, the board believes the tough economic conditions will provide it with acquisition opportunities as others in the sector struggle.
The company's market value has fallen by more than a third since February's highs of 17p, prompting two directors to up their stakes.
Non-executive director Keith Roy bought 105,000 shares at between 10p and 12p this month. Chairman Keith Daly purchased 200,000 shares at 11.6p.
• Terence Wilkinson, chief executive of platinum miner Ridge Mining, has increased his holding in the wake of a positive update. He bought 33,000 shares at 100p each and now holds 471,557 shares.
• Osman Shahenshah, chief executive of oil and gas company Afren, has
bought 500,000 shares at 138.6p each to take his stake to 1.4 million.
Last month the company produced its first oil from a project off the coast of Nigeria.
• Andrew Knight, chairman of drug discovery company Henderson Morley, bought 675,000 shares at around 0.65p to lift his stake to more than 14%.
The company has been looking to sell some of the technology it has developed and recently said it had seen strong interest from potential buyers.
• Chelsea FC owner Roman Abramovich has increased his holding in Russia-focused mining group Highland Gold.
Through his investment vehicle he bought 1.5 million shares at 167p to add to his existing 40% stake.
Luc Gerard, a director of oil and gas group PetroLatina, has bought
40,000 shares at 47.7p each in the firm which recently saw an upgrade to estimates of its Columbian oil reserves.