So they bought 10 M shares at 8 cents roughly, and then they...

So they bought 10 M shares at 8 cents roughly, and then they grant themselves 30 M shares for free. that's an average price of 2 cents a share.
thats one way to see things.

Or you could say taht 30 M free shares at an average market price of 6 cents is almost 2M AUD bonus. for what? doing there job?

Yes I'm kinda new to this, and I certainly hope I'm wrong, but I clearly don't share your hopefulness.

I bought a small number of EXG shares just before the merger, mainly because the SPI directors kept on buying shares. I see now how they average there price down...