Ann: Ceasing to be a substantial holder from AXA , page-14

re: Ann: Ceasing to be a substantial holder f... Zac,
Are you taking into account the acquisition of Dyna Noble in your calculations?

I believe the raising is too pay the debt associated with that purchase.

So, if we have limited debt, more shares but a BIGGER asset base then the SP would reflect the dilution but not to the extent you mention. The Dyna Noble revenue was not inlcuded in the last results (maybe a month)?

If it does get there it will be VERY JUICY indeed.