SMN - Chart, page-729

My philosophy is:
If they are not buying shares with their own money then why are they employed?
If they are the best person to run the company, if they are so dedicated to shareholder returns then what does it say when they will not back themselves to make a profit. Obviously they are either fakes or highly incompetent.
And if they want handout after handout oblige, with one caveat. If the company is liquidated or suffers a loss they take on the responsibility to pay it back. They want in on the good for free they can take the bad as well.
If every company made its directors follow the above, companies going into administration would no doubt be a fraction of what they are. Capital would be monitored closely instead of thrown out the window and most of all the corporate leaches that plague ASX companies would be weeded out.