Of course I would be worried if a former director was dumping their stock, but I can't see that happening given: a) Their initial "investment" is now 98% of it's former value and b) Most have relocated back to Perth after destroying the company already. This stock price oscillation around 2c has been happening since the starfish well result, it cannot be explained by a former director dumping their stock.
We will know the full story hopefully this month.
RIA Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held