Hi Trading Wizard.
Mango, for all we know some could go for the min ($400.00) worth, I think it is. Technically this is supporting the SPP, in reality it is not. If they were all going to support it 100% then they would announce it don't you think ?
Dave did say that the Directors " will individually invest to the maximum extent possible, bearing in mind their personal financial capacity to do so and normal prudential considerations regarding balanced risk-weighted portfolio investment." That does not sound like they are only "technically" supporting the SPP.
I do not wish to drag family members into the discussion but Philip Wood has many holdings and not all in his own name. His son was the youngest shareholder 3 years ago and more than likely still is. How many $15,000s do you think he could scrape together to cover the holdings of his family members and joint holdings?
Get real.
Cheers.
Hi Trading Wizard.Mango, for all we know some could go for the...
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