Ann: Rights Issue, page-92

Yes she certainly has skin in the game

I have tracked her shareholdings

some quick calcs

420 000 direct shares at a cost of approx $200000 (avg $0.47)

2 500 000 indirect shares at a cost of $900000 (avg $0.35)

note that 500 000 indirect were Performance Shares deemed issue price of 37 cents per share

and 175 000 indirect were Issue of shares in consideration for transfer of 5% interest in Advangen International Pty Ltd back in 2013

Basically the rest of the indirect shares were on market trades.

Its one of the reasons I still hold. That and the fact that I'm down a motza and want my money back.

I'm hoping that they will announce something regarding the divestment of Lyramid prior to the close
of the rights issue but i'm not holding my breath.

China is basically the last throw of the dice. I recall discussion back in the day that they should have focused on China before the USA, especially considering the performance of Japan over the years.