That section in last week's announcement about the directors...

That section in last week's announcement about the directors "loaning" the company $5 million interested me.

My first thought was why the need for $5 million, especially when they had already notified the market that they had $7.5 million in cash in November, with no debt.

So surely they wouldn't have gone through $7.5 million in cash in one month merely on comapny admin. My guess is they have something in the pipeline (perhaps the start up of the mobile division of the company) and they want it up and running sooner than the time it will take to finish all the red tape involving the Right Issue.

Also nice to see the director still buying......but I'm more interested in who else was buying those big sells over the past few days that hit the market because they certainly didn't last long on the screen when the sells were placed, they always seemed to be swooped up quickly by a large buyer.

Quietly confident but time will tell.