He screwed the share price, put off a number of holders with his stupidity and still received $4.6 mil for the SPP.
If he made the announcements as he should have, the company would have got the full $8 mil from current investors at the original capital raise price of 6.5c. Likely with a hell of a lot less scale back. So, we can look forward to insto's selling off and holding oppies, suppressing the SP.
DM will buy on market in the next trading window. We don't want you to buy in, we want you to resign, never to be seen again.
Meeting on 31 March, he needs to cop it from all angles.
4DS Price at posting:
3.2¢ Sentiment: None Disclosure: Held
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