One of Polynovo's directors is Christine Emmanuel. In February this year, Christine took up 140,000 shares ($266,00) in the placement. This was behind Williams (1,173,159 shares at $2,229,002) and Bruce Rathie (200,000 shares at $380,000) but ahead of Andrew Lumsden (50,000 shares at $90,000) and other directors.
Why comment on director Emmanuel's investment in the company on this particular thread? The answer can be found in her bio:
Christine Emmanuel-Donnelly has always been fascinated with the role of science in intellectual property law, but all it took was a visit from a patent attorney to steer her to the career path she has been thriving on for the past 25 years.Today, Emmanuel-Donnelly is the proud IP and commercialisation manager at the Royal Melbourne Institute of Technology (RMIT). On top of that, she is also the vice president of the Institute of Patent and Trade Mark Attorneys of Australia (IPTA) for a second term.
https://www.thelawyermag.com/au/news/general/ipta-co-vp-connect-with-and-learn-from-those-you-admire/426840
I think Christine is comfortable enough about Polynovo's patents to have invested over a quarter of a million dollars in the company.
Patent, page-46
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