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Ann: ADR to present at Australian Microcap Investment Conference, page-18

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  1. 1,923 Posts.
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    Why Indeed CM, this is my point about my post. (I think I need to get better at elaborating my posts more clearly, sorry)

    The Chairman was the one coughing up the sizable amount of his money in this particular raise. He is the one showing leadership from the top down. Now I'm assuming that the leadership team probably hold shares already in the company (not sure if they were bonuses or if they bought them or even better in lieu of part salary or what). But more to the point, this raise Imo would have been the ideal time for all the leadership team to take part.

    Apart from acknowledging the Chairman's show of support in the company in the initial announcement, it would have also been nice to read that all the management plan on taking part in the raise. But we didn't get to read that so can only assume not all did.

    Anyway that's history now so the next best thing Imo would be that hopefully the Chairman's large take up of shares will inspire others in leadership positions to show support or should I say more support by buying shares directly on the market. I could not imagine they have a blackout period in place atm, so what a time (all time low) to show support in the companies future in buying stock now at this price. Looks like $55,000 would earn a top twenty spot.

    Yes agree, also looking to see what the 4C will give us as far as info that we can really see where they are heading and if the target of 80,000 is starting show signs that it's started. The share price is in the toilet, we need lot's of info, especially on the other components of cashflow. Not expecting miracles but Hoping this 4C reads well.




 
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