directors kick shareholders in the head, page-14

I wouldn't be pinning my hopes on the Ted Ellyard factor too much, this is the same bloke that was presiding over this sort of crap at Hardman and made his packet there before suddenly "retiring due to health reasons". Just got of the phone with one of their P.R guys and was told that the placement was made via Maquaries to their "sophisticated" investors", no doubt these same sophisticated investors were selling yesterday safe in the knowledge that they were buying back in at 50% the next day. it's like taking candy from a baby while mugs like me who bought in 3 months ago and held didn't take a 10K profit yesterday opting to hold while the insiders were shoveling theirs out.
So much for corporate transparency and level playing field. This one has a few more kicks in it left and Im waiting for the next one