Initially I was angry, but having thought about it, after the...

Initially I was angry, but having thought about it, after the two placements and the SPP there will be around one billion shares on issue. The 1.6 m being issued to Directors will represent only 0.16%.
The Directors could purchase this number of shares on the market today at $.12-.125, and posibly at the issue price of $.115 over the next few weeks.
So although being a bit irregular, what they are doing is no big deal, and as I stated previously having Directors financially committed is positive for the company.

In relation to the $400K revised ceiling for Director fees, I assume that this is to clear the way for Alex Parks to be appointed to the Board?
Again no big deal.