Truedeal
You seem to have missed something from the announcement on the 11th April.
From the Notice of EGM Explanatory Notes:
"As disclosed in the Company's announcement described above, the following directors of the Company wish
to subscribe for up to $2 million (in aggregate) worth of any shortfall that exists at the conclusion of the
Share Purchase Plan (Shortfall Shares) in addition to their entitlement under the Share Purchase Plan:
(a) Lucy Turnbull;
(b) Albert Wong;
(c) Martin Rogers;
(d) Richard Hammel; and
(e) Matthew Lehman.
(together, the Participating Directors).
If Resolution 1 is approved by Shareholders, the Participating Directors will subscribe for up $2 million worth of Shortfall Shares (in aggregate) at the Offer Price. Full details in relation to the issues of Shortfall Shares for which Resolution 1 is seeking approval is set out in paragraph 1.3 below"
Perhaps you should read the document properly before accusing the Directors of misleading people>
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31 | 1361586 | 0.280 |
Price($) | Vol. | No. |
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