I originally requested to the board at the last capital raising that they should consider loyalty options. I am glad they are doing this. I am of the opinion the price will not fall any further, as by holding onto your shares you get the chance to buy the loyalty options, and no retail investor is able to participate in this CR. So shareholders wont sell to buy back cheaper with the CR , the sophs who knew about it sold out over the last few weeks and will get their fill in the CR. Interesting to see the new top 20 .How its has changed after this raise.
Some may cry foul, and with good reason.
The limited newsflow, was done for a reason, its a pity the ASX cant join dots.
Shareholders should participate in the options , it could turn out to be a fantastic investment , if wellfully takes off after bodyguard , surface hygeine etc, and 2 years to run .
The options should be a multi bagger from the start
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Ann: Placement, Loyalty Offer and UMP Sale Facility, page-55
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