Out of money, out of luck

Well i divest from here on. 10 % dilution to share price today raised at basement prices. Frustrating because this company could be so good, but with paying our directors astronomical fees, and lack of cash flow, we look destined to water down our holdings in the only valuable assets we have and will struggle to fund gippsland projects. I just hope they dont sell off too much of orbust where they no longer have 50% control. Hmm stuck between a hard place and a rock with these low oil prices. Further dilution will drive sp down maybe better to re-enter after funding for gippsland has been sorted