business spectator 'conversation piece', page-22

Hi Beermee even rumours of the banks going to convert 8B shres hit the market the share price will drop to below you know what so how can they sell them for profit? No SH going to approve it.
The directors have to be very careful about this one.
It seems to me like the company is paving for the lenders for a takeover without via the proper legal channel.
I expect Rufrano and team to be smarter than this!Gosh!
In mine mind I have already written off my superfund on this.Just leave them (250K) for my kids/grand kids.lol
IMHO only. DYOR