thank you sophisticated investors..., page-10

As a postscript - the $5.75 million placement shares were issued on 3rd June and there was no sell-off then. Two things I have learnt today:

1. The devil is in the detail.

2. Don't give shares as consideration for cash to good Aussie contractors in work boots, Hard Yakka/King Gee shorts and tank tops - they will flog the bloody things!