meeting, page-16

I dont understand why Grudgy's post is being Thumbed Up,

I'm quite confident what he has said is wrong. and what Kerbey said is factual..

The non recourse loaned shares means zero risk for the directors as they can just default on the loan.

And you can guarantee they wont be paying off that loan until they are willing to sell the shares, (hence above 2.2c).

After all its a great deal, for them, and us as shareholders, because that is a huge incentive for them to bring value to the company.