Ann: Trading Halt, page-114

Hey Moose
Sure, I am no legal practitioner, and the talk of legal action was probably just me blowing off steam. Any case would need to be a SH class action, and I am sure a smart litigation funding company would probably turn me down.
I do feel I have a real grievance though, as all ASX releases by the company to date have consistently said that the mine is to be fully funded through a mix of debt and equity. Now it appears we are suddenly switching to an equity model, which I didn’t sign up for.
I have 350k shares riding on this…….so I could be down a fair bit on Monday. (Hence me getting worked up)
I also disagree with your last paragraph- the BOD absolutely has an obligation to act in the best interests of SHs, not just to the company.
My opinion is SH dilution is not the best long term stategy, and even if it is, we should have been warned of this change in company ethos/strategy.
All the best to you and other SHs…
Good luck next week all.