As detailed in the offer booklet, the Directors intend to take up their full entitlement, collectively they will therefore be investing approx $1.1m of their own cash (assuming that my numbers are correct). It is always reassuring to see those that know more about the business than anybody else, putting their own skin in the game. They can't in this offer apply for more than their entitlement, but we can Why wouldn't you?
Please DYOR and don't take the numbers that I have used above as gospel.
LON Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held