Ann: Redflow enters Voluntary Administration, page-17

  1. 384 Posts.
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    FFS - not again - KLL all over again!

    In the last cap raise the CEO bought 34,783 shares to the value of $4000. Not like on his salary, he couldn't afford a bit more.

    In the last cap raise the ASX notice stated: "Shareholding Directors also intend to participate in the raise."

    Note "Shareholding" Directors. Sneaky talk. If you look at Commsec, it appears only 2 of them held shares at the time.

    Note to self, take notice of these things and bail, no matter what "good news" they sell at the time.

    I bet anyone putting substantial funds into the raise would be real real dirty now, knowing how little the directors put in!
 
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