No mention in the announcement that the directors will be taking up their full quota of shares. I don't think they would be that stupid to invest their own money. In terms of the MD he should also take a massive pay cut.
Their inaction on that front speaks volumes.
people should read blue sky mining by Trevor Sykes as it frighteningly strikes a cord about SEG
Ann: Placement Completed & SPP Launch to Fund Immediate Drilling, page-38
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