email with chris cairns, page-9

i agree that stomaching another cap raising is always difficult, but is it really such a big issue?? Look at the last cap raising, for those who were in it how much return would they get from it if they sold now? double what they paid? (im talking about the last spp in which all shareholders were eligible-- was it 10cents?).

The work thats been done by this company i think far outweights the negative perception of cap raisings.. we will see i guess.