When the Chairman is building his already significant holding it is a huge vote of confidence in the short term future of this business.
There will be someone in here who has access to information identifying exactly how many shares James Tsiolis and associated entities hold but I believe it is around 300,000,000 now. Someone said he was behind Arie Manager which picked up 190,000,000 in the capital raising. If that is all correct then he is going big on this and taking his mates with him. That has got to be a great sign to the market.
Here's hoping things get very interesting from here on. This is real!
Great announcement.
Ann: Record Customer Receipts of $5.8m in September Quarter, page-8
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