Good to see directors buying on market over the past few weeks.
Trapped retail selling into mgmt is awesome. This new team is communicating that they are going to be acting in the best interests of shareholders, because they are shareholders!
Tbh I hope they pull the 1:20 17c altogether. If retail wanted 17c like the institutions, they had plenty of opportunity over the past month or so to buy on market. Like Malay I have hedged my bets and bought half my expected allocation already sub 17c. Directors are buying well over 17c, reading between the lines I think they will release an ann cancelling the intended issue before end of quarter.
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- Ann: Change of Director's Interest Notice
Ann: Change of Director's Interest Notice, page-11
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