next cap raise 2c & oblob to shareholders?, page-25

If a single person is happy about OXX in the context of the FMG deal then they need their head read. Nothing wrong with the OXX deal saving the company from financial disaster, I've already said it was likely necessary, no arguments here. But if you think a $1.75M deal is better than a $10M deal then you need help.

I didn't sell out because I disliked OXX. I sold out because of what the OXX deal *meant* - that they were so desperate to avoid insolvency they gave away half their share of their best asset for $1.75M. That was a statement that I received loud and clear. It didn't matter who it was. That is an important distinction to make regarding my dislike of the OXX deal. I am ambivalent about OXX as a shareholder, I was much more worried about selling off the family silver to pay the rent.