Directors topped up at 6c at a very decent discount for a total of $550k which resulted in an instant, unrealised profit of approx. $250k between them (depending on when you want to compare their purchase price to a potential sell price which could be more like $500k profit among them if you look at the recent 11c high).
So, it was OBVIOUS that they were gonna throw some money into a 708 privilege money pot because it was a RISK-FREE bet.
Wouldn't you have bought a $50-250k parcel at 6 c, given where the SP was when the CR was announced?
I would have loved to see some on-the-market commitment (buy $550k at the market price) by the BOD, not with a 45% discount, to get as excited as you did, mate.
