RE: To be clear - stake INCREASED24 Jul 2018 18:18
Exploration companies need to raise money, directors put money in during raises....a:yes it's a sweetener, b:buying shares on open market does not benefit the company, capital funds do c: directors buy on open market when companies no longer raise funds, because they have to.
Junior companies are kind to directors, it's part of the game, a.look how much personal wealth put up by a director regardless of the discount etc, it's money in the game they could just as easily lose. B.its not all freebies it's during raising that other investors are joining in on, so not preferencial to a director, though the get the opportunity.
Some people make this out to be untoward or strange.... Thus is a JUNIOR MARKET... it's what happens, just look at the best directors putting large amounts in, compared to some whingers using their pocket money, go figure.