Ann: Trading Halt, page-67

I think you miss my point hoofa

You know I have been one of the biggest supporters of the company from the very start and still believe in the prospects of the products being researched and developed.

I also was aware a CR was coming.

But 100 000 000 shares at 5.5c, at a time when MC stocks are going ballistic, including the recent interest finally being generated in our company......the lead broker, if it indeed is still Argonaut, has been the biggest broker selling in recent times (I will rant about this one even more if Argonaut are involved)......management comments to say no funds required until after the first trials. (As per every timeline they have given)...and of course involving only institutions and 'sophisticated' investors (yes, let's help those with money and connections get even wealthier)....

Apparently 3 X oversubscribed. Well even simple demand/supply would tell you it could have been at a much higher price, even now.

Don't these things annoy you? It is still massive dilution for retail investors and those not involved with the CR.

Just so indicative of the ASX, and I think it's at the point that retail shareholders almost expect to be reamed it happens so often, and just quietly take their punishment.

Milesy