Ann: Appendix 3Y , page-9

WC, I admire your "glass half full" attitude but it is what it is, maybe not a lack of confidence but a lack of faith in the company certainly

if he had exercised both classes of options it would provided a great boost to the stock, but letting 6c options lapse is ridiciculous and sends a bad message to the market (not really a great time to do it either given the share price performance). It was a measely 30k to send the right message, for someone pulling a salary of $320k from the company that shouldnt be too hard. He doesnt even take part of his remuneration as shares/options, pretty shocking in itself for a small company that an exeutive director's remuneration is not at all tied to the performance of the company

can anyone recall any director buying stock on market either?

Bevan Tarratt is also a cofounder of Hemishpere corporate services. I think this issue has been discussed before so Im not going to go into it