Having just read ASX release on Directors Holdings post rights offer, i notice only THREE of the EIGHT directors decided to take up their full entitlements. Mr J Harding with 12.8 million share holding took up a miserly $10.000 dollars worth & MR J Kennett blamed his broker for not taking any & said he would buy on market which does naught for the company's balance sheet. We were told prior to the close of this offer, directors would FULLY support the rights issue, well done gentlemen for your show of faith(or lack of it) in our company.
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