Personally I would not be outlaying $100,000 plus as Mike has...

Personally I would not be outlaying $100,000 plus as Mike has done to buy shares in this yoyo market unless i was very confident that there are very good things happening within the next few months. As a director you would not invest that money in this market for a pips up in the sp. Had he waited he could have got them at1.2/1.3. I do not think this drop will matter one bit in the near future.