directors -buying -to calm irrate lt holders, page-22

CFT - I respectfully think you might be wrong - other than your point about the director buys being small change, which I agree with.

Re your point about the AUD - their borrowings are in USD - so the strong Aussie would be directly correlated to a need for extra cash.

I'm guessing that volatility in IO pricing (lower) will have an impact on the pricing that they can write into contracts, unless they are shipping it and taking spot prices. $120 odd still isn't what it was.

Good luck - hope the SP recovers significantly.