Shows remarkable confidence and support of this Company. I'm expecting a slow and steady rise back to his placement value then blue sky from there.
The Daigou hub will become a key stop for bus tours of Chinese Tourists imo, a home away from home shopping experience for premium authentic brands which can be purchased without fear of quantity limits and aided by a customer support service who speak their language. Only need to see them flock the shops on the Gold Coast to know these hubs will be very successful in accomodating the Chinese Tourist/Shopper/Daigou.
This Director can obviously see the huge growth potential yet to be realised, takes guts to commit to 3,333,333 shares @$0.45c when they can be purchased on market for $0.29c.
GLTAH
AU8 Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held