I’m not complaining about it, I’m just pointing out this is classic ASX microcap behaviour: issue free options to directors to suck holders into thinking it’s bullish for the company’s future. Honestly PRD, if things were so bright for Spenda, why aren’t the directors buying millions of shares at the 2c mark, instead of issuing themselves options at 8c? Surely even you can answer this. Basic maths would tell you which one would give upside leverage. The answer is: the options are free. Buying millions of shares would not be. That’s why the directors aren’t budging.
Anyway, I provide a counter-view not for your benefit (as that would be a complete waste of my time) but for others reading who might get sucked into what is happening here too. I feel for ordinary people who piled their hard-earned cash/savings into this company, all the while swallowing the AF webinar rhetoric, and crazy ramping from people like Winner55, Slasha and Fiendish. It speaks volumes that you want me to “move along sport” yet you’re silent on all the rampers that have come and gone. But you stick to your conspiracy theories - which big hedge fund do I work for again?
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