Hi Odyssey99, re: "This is a VERY positive signal and one that...

Hi Odyssey99, re: "This is a VERY positive signal and one that many on this thread have been talking about."

Agreed this is probably the best ann. in the last 4 months.
Hopefully the other directors will by as well.

I did not think he was given them by ESN, the thought that he may have been given them or the $ to buy them by some one else in a deal just seemed amusing to me. I was not trying to suggest anything, just my sense of humour.

Boris.. "It's rare to find a Director buying shares with his own cash to increase his holdings by 5 fold...and $124k is no chicken's feed in dollar terms either."
Borris.. settle down a wee bit.
Buying shares with his own money, why is that rare?
To increase his holding by 5 fold from 18.4M to 101.4M, out of 2,356,122,932 shares plus 250,000,000 options plus 89,000,000 performance rights plus any more notes that may be converted etc. etc. plus as Odyys… seems to think will happen, a future cap. raising.
He has been a director for at least 6 years if not longer, hopefully he will buy into a cap. raising?

Agreed it is “a very encouraging and positive announcement.”