Technology PTy Ltd is a business which develops and sells new technology in the moning. Sam and John are two directors of the company and equal sharegolderss in the companty. John has recently represented the company at an industry conference in Singapore. During the conference he was introduced to a leading distributor of GPS systems used in the mining industry. GPSA1 is looking to acquire a company in Australia. JOhn was told GPS A1 would pay 4 times the current values of the shares in A1 technology. and to start the relationship would payt John be personally an initial fee of $300,000. John had previously worked for GPS A1 as their CEO and GPS A1 had been trying yo reemploy John. JOhn accepted the payment personally and advised them he would buy out Sam and be the sole shareholder to simplify matters for them. When John returned to Australia, he offered tp buy Sam's shares at 2 times of its current market value. Once John acquired the shares he then sold them to the GPS A1 for the agreed 4 times values. Sam discussed what John had done..

Discuss whether John breached hid duty to avoid conflicts of interest and what defence he may have