Ann: Director Share Purchase - David Williams, page-14

I stongly disagree that statement. DW's share buying is strongly correlated with share movement. THis is finance, with a wide array of factors at play. We've had a few down days recently where he has bought the preceding day, but the effect can't last forever and that doesn't change the overwhelming correlative trend. On the odd day he has not bought the stock has fallen, reinforcing the correlative relationship.

We've had the stock rally from $0.84 to over $1.40 when the ASX200 and SP500 have fallen considerably, almost exactly in tangent with DW's buying. IN a world of finance with tenuous correlative relationships, David's buying correlative effect is hugely obvious.

He is relentless and I am in awe. He makes the other useless non-exec' Directors on the vast majority of ASX boards look like dead weight - which they mostly are.