Not to mention that one (Glen Phillips) of the company founders...

Not to mention that one (Glen Phillips) of the company founders has been selling down his holding at any old price. Denis sold a couple mil, didn't participate in the DRP or the Rights issue.
Brodie has sold down also and didn't participate in the DRP or the Rights issue.
Boller didn't participate in the DRP or the Rights issue.

lol... only $380,000 was raised from Retail and part of that was from the non-exec directors. This company has become a laugh. I'd hate to be one of the managers of the institutions that together pumped $40 million into this at $1.10. Bet they were thinking what a bargain! and at a 15% discount to the last traded share price to boot! Whoosh a cool $8 million has already evaporated. No value here, Caveat Emptor!