Ann: Change of Director's Interest Notice, page-11

Emde is spot on in my view. investors want it every which way. on one hand they want directors to buy and hold plenty of stock because its a vote of confidence, but investors lose their mind when they sell. would any of you buy a share with your own money and not be able to sell it for 5 years, ten years, depending on how long they stay on. of course not. if those directors never hold shares then somehow they have no faith, but you don't know what other financial obligations they have and in my mind they're stupid for ponying up cash for an illiquid investment. and then there is this assumption that the boards actually make a difference over the management team and I would say they don't. did anyone sell their Afterpay shares after two execs made like $7m in 2 years? does it mean their CFO has no faith in afterpay? of course not but he needs money for other things. I would be more worried about insider execs selling than the board because they know stuff well before the boards do. but I don't know why anyone would bother to be a director....unless it's too 100 stuff the fees aren't life changing and they have to resign or quit before they can ever sell. imagine if afterpay gets to $50. for those who think the boards are critical to success, if the directors sell their shares, by rights all other shareholders should sell, but if they all resigned so they could sell, and that requires a new board, is that in shareholders interests?