"Can u confirm that they said that 20 odd funding deals have been knocked back by the FRL people due to concerns of dilution? How about all the 3bs then?"
Dekski
What are you on about? FRL, as stated clearly in the AGM is the preferred funding avenue for SHIP.
FAS would have knocked back the 20 odd other proposals not FRL. The reason for this is the FRL option will be far less dilutive.
You may want to read the AGM presentation a bit more clearly before posting again.
Obviously there are going to be more 3B's going forward untill the draw down facility is finalised, if you have a better idea on how to raise funds in the meantime maybe you should call KR and tell him how it should be done.
Cheers.
FAS Price at posting:
0.8¢ Sentiment: LT Buy Disclosure: Held
