I’ve not seen an announcement stating that director/s have provided loans, so desperation really isn’t a factor here..
If you haven’t heard of that particular vehicle being used in listed companies, this must be your first rodeo and I don’t need to add to @allens spot on post..
On a side note from another outlandish post purporting 5B or so shares being added, considering the many ways a director loan can be facilitated, it doesn’t necessarily mean additional shares added to the register in the first instance..
What I have read in an announcement is that it is an option being considered, amongst others..
The company still haven’t used its shareholder approved 10/15% capacities for raising capital..
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