Slampoil, I think my maths is correct. Check out:
http://www.asx.com.au/asxpdf/20111006/pdf/421kv5l283lrks.pdf
and
http://www.asx.com.au/asxpdf/20111006/pdf/421kv40p427std.pdf
Two directors paid 1c per share for 20 million shares each. That's $400,000 in cold hard cash on 6 October 2011.
If they sell any, the ASX makes them announce it. There has been no announcement of any sale by them, so they are still in there.
crazy price action , page-38
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