There will be a senior appointment this month. Market makers are offering 100k at 2p max.
It helps that directors own 33% of the company. So in their interests to get the company moving.
That is what the directors paid. Now it has been very difficult few months in the entire market but thats not to say that this looked undervalued. This risk is the licence and once they get it it could be over 0.20p. The largest shareholder owns 29% and forked out for 92 million shares at 0.20p.
This should be closer to 0.20p imho. Directors have bought in large chunks at that level.
The 29% shareholder has bought in 92 million shares at 0.20p.
I think they will get the licence otherwise they would not be confident enough to buy at those levels.