Ann: Renounceable Rights Issue to Raise up to $2.8 million, page-6

Hi long suffering shareholders, it's been awhile. Once again we see this poor excuse for a listed company tapping it's shareholder base for more capital at an outrageously discounted rights issue with free attached options at almost three times the rights. Appalling.

But what choice to they have? They've not executed comprehensively on ANY of the numerous strategy and are deeply in the hole on shareholders losses. This company is no larger than a corner dairy, and a lot less successful.

See you in another 6 months, GLTAH you'll need it as this company tries to transform into a high capital cost and maintenance opex vanilla car rental company with also-ran non-innovative online booking front end. Good luck with that.