they are giving away interest free loans

wow,

i wish I was a director... then i could go out and give myself $250,000 to buy shares in a company, pay NO INTEREST and provide NO SECURITY... and at the same time, say that this is in the "best interests of shareholders"...

liability is limited to the value of the Loan shares, which is a joke and is effectively, a free option at the expense of shareholders...

if they were really serious, liability would extend at least to the other shares being applied for

I wonder whether Eddie Groves had the same type of deal at ABC Learning on his margin lending shares, or the guys at Allco...