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Ann: Non-renounceable Entltlement Issue , page-65

  1. 4,575 Posts.
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    It's great you are all still optimistic, but please,
    1) no insto support for raising - why do you think that is???
    2) they will get little money from shareholders, and hence there will be a massive overhang with underwriters
    3) the shares issued at this low level is highly dilutive to the company
    4) after particpating in Mike's last 5 capital raising with nothing to show but all time low in share price why throw more money at him

    5) yes,yes, I know they have great potential and are honinng in on a deposit - they have been saying this for many years and please re read point 1.
 
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