Ann: Change of Director's Interest Notice, page-19

I clearly said “some of this type of chatter”.

I was referring to comments like:
“On those two tranches he's currently -68%, or in the red to the tune of $871K. Despite Homsany bailing out of the last raise it's great seeing him go hard for $460K worth, as someone else noted it's at an immediate -48% haircut,”


I stand by my post.
These guys are clearly confident they can get this company through the current challenges and ultimately to a much better position - discussion about how far “in the red” they are is effectively meaningless imo, considering they are captialising the company with their money, not trading pips with other randoms via on-market trades.

How it plays out….only time will tell.

If they had low confidence in success they would keep their money elsewhere. Of course that is no guarantee, but speaks loudly imo.

imo
Dyor