Size may seem slightly odd, but this bloke isn't really drawing a huge salary and you never know other people's financial capacity. See plenty of others in similar positions on much larger salaries and buying no shares. So I'll just take it at face value as a small positive.
More importantly, what are these near term revenue opportunities mentioned in last announcement:
This Rebate provides the Company with additional capital and a cash runway to further the development of our Nullarbor™ fibres, while also pursuing business development initiatives to unlock near term revenue opportunities
I want to see these types of statements turn into actions and outcomes in the suggested timelines.
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