shareholders stop complaining, page-48

Joecar,

Thanks for your response.

I think Buddy summed it up when he said that you are in favor of whatever the board wants.

I note that in one of your postings you won't vote for the MR special treatment, but in a later one you will. Change of heart?

What really annoys me (and I'm sure others too), is that long after everyone else has decided if they will front with the readies for their share allocation, MR still has the option to look at the current SP and market sentiment before he makes a decision.

I'm happy for him to own 20% of the company..... if he buys his 1:1 entitlement at $1.10, and the balance on market.

If that ends up being below $1.10, so be it and good luck to him.

You also said that because the instos would take the second offer after at $1.10 after their first offer entitlement, so retail shareholders would be no better off. Doesn't that answer gloss over one salient point: At the moment, retail shareholders have no provision to aviod dilution by purchasing in the second offer, only instos and sophistos have that option..

I see that IFM has recently sold 3,355,345 shares,..... what would that be all about? Is it true that this entity is a front for the board -as has been suggested in the media?

You seem to only answer what suits your position.

Regards,

John S.

"You can fool all of the people some of the time.
You can fool some of the people all of the time
You can't fool all of the people all of the time."

Quote from someone.