Indeed, I averaged up in the $1.20s but obviously given the...

Indeed, I averaged up in the $1.20s but obviously given the broad market conditions right now the best move at the time was stay in cash or find a crystal ball; scrolling through green names in the ASX200 there's little pattern so I assume it's all just dead cat bounces, even commodities/energy are red today. Can't predict the future & neither can directors, but $10M+ in on-market investment and now something like a $25M+ total position between Rod Corps and Deborah Corps (I assume they are related, I may be mistaken) is an absolutely crazy vote of confidence compared to the usual $50k or $500k you see directors dip in with - often with the intention of then cycling it out one-for-one as they exercise their award options. Also a nice thought is that there's really no way for the director to exit this in a "pump & dump" fashion - if he sells a couple million shares even the natural market effect of that would probably crush the share price, and the subsequent change in holdings announcement would crush it even further, and then he's trapped with the other 90% of his position still held. Seems he must be confident to hold this for a long time and/or into a takeover offer. And of course that's not (IMHO) a justification to plough 50% of your net worth into a nickel microcap in the middle of a market crash like a degenerate, but given the deposit looks fine it's certainly enough to make you want to hold on to whatever 2%, 5%, 20% position you might have.

I suspect the reason we are green right now is probably just Rod buying more as well. I'd actually rather we were green organically, that would be a nice sign at the moment, but "oh, we're only green because of massive director buying" is a complaint nearly any other company's shareholders on the ASX would kill for right now.