disgusting directors

This share purchase plan by directors should be taken back as being immoral and replaced by a renouceable share issue at for example one new share for ten at a certain price.

I believe this rights type of issue is the policy of the Australia Shareholders Association and is the fairest and most honest way for a company to raise capital.

Maybe a protest to these directors to change their minds might work ,as I believe there is a precedent to get a change. You might refer to the CBA case where directors were forced to offer ordinary shareholders the right to buy further shares at $24 during the GFC.