I bet the directors are pockets are no where deep enough to participate in this rights issue as you pointed out.
Also if JORC comes in the next couple of weeks - it will be before the rights issue completion which still requires shareholder approval in mid may.....
Options are ridiculous but should not stop a bit of sp appreciation in the short term upon a decent JORC statement
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I bet the directors are pockets are no where deep enough to...
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