It did clearly say directors AND key management personnel to buy in 10M shares/$840K (1M@$8.4c)
According to the latest notice of Change of Director's Interest Notice;
No.of Shares for Directors- 5,526,428 via placement and 1,071,428 via SPP, totalling 6,597,856;
$$ of Shares for Directors - $464,220 (@$8.4c) via placement and $60,000 (@$5.6c) via SPP, totalling $524,220;
Therefore!
No of Shares for Key Management personnel = 10,000,000 - 6,597,856 = 3,402,144;
$$ of Shares for Key Management Personnel = $840,000 - $524,220 = $315,780;
Simple maths
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- Management only take up 54.46% of shares
It did clearly say directors AND key management personnel to buy...
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Open | High | Low | Value | Volume |
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25 | 3644629 | 0.054 |
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19 | 1811203 | 0.052 |
Price($) | Vol. | No. |
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0.059 | 3329802 | 11 |
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