Ann: Appendix 3Y Neil Osborne , page-2

When the directors are buying its nearly always good news!
Fundamentals have dramatically turned around for this company.
2c Fully franked dividend for the half year.
Expecting at least another 2c for the full year.
Thats a 20% return before Tax in dividends...

With the founders of the company controlling 50% of the stock, the best way for them to get paid extra is via fully franked dividends.

Undervalued.
With directors purchasing more that pretty much confirms that this company is undervalued