It's an investment worth $1-$2m or 5% of your market cap. Sounds small in a $ amount but as a % it's a large miscrepancy. Surely management or the Board should know if investments were made or not! Either way a paragraph explaining this in the announcement would answer all the shareholder questions and save us all a lot of time worrying!
As for directors having skin in the game. Han Xu is a relative / family member of one of the founders but has left as a director (not a bad thing). Nicholas Ong has shares but it's a minuscule amount say $10-$15k. Chairman has no shares and neither of them are buying. It would be good to see them buy $50-$100k worth at the next possible chance. If so that's a great sign of their views of the company. If not well why aren't they buying if they are seeing the same data we are!!
TB8 Price at posting:
16.5¢ Sentiment: Hold Disclosure: Not Held
