Ann: Trading Halt, page-24

Yatchy,
Ive not seen “a rule” but have seen similar circumstances before. Now, if I were a managing director or CEO of a small cap pump & dump explorer that survives over a decade by raising funds from investors I may feel a tiny bit guilty charging $300k per year so why not keep myself in their good books by “investing” 10% of my wage in the company’s shares. It looks good to shareholders and keeps the pay checks coming in after the next AGM if the shareholders think one has done a good job. Cast your memory back to JD. He was at the helm over a decade, and almost got kicked out after his last AGM if you can remember, that’s why he stood down to pursue other opportunities.
I would sincerely love Ironbark to develop this project I would, but this is most likely the 8th or 9th cap raise I’ve had dilute my holdings with this company. That’s my two cents worth anyways, well maybe 1.1cents worth!!