Tay was very wrong and should be prosecuted if that was what he did, however I still believe he didnt do it on his own as I see there was no benefit for him doing so.
It is just a blame game atm and someone will get their bottom smack for it. Time will tell.
As for the directors who held no shares in the company, their responsibilities and priorities are different to someone who owns part of the company ie shares.
I guess this weekend will give everyone time to digest this recent info.
best of luck to DMA.
DMA Price at posting:
24.5¢ Sentiment: None Disclosure: Held