Ann: Entitlement Offer to raise approximately $10 million, page-23

Dalts, a CR is ok but not at 2.8c. He would get the 10m at 4c as well, 250m shares. But no, he wants them cheap for Bell Potter and himself knowing that hardly anyone of us can afford an extra 2/3 of the existing holding. Normally RIs are done at 1 for 10, not 2 for 3.

He is either insane or, more likely, sabotaging the sp to frustrate us out. The sp will fall way below 2.8c, look at IMU and our previous CR at 3.5c.

I will not participate, in fact I have started selling out and will slowly offload all of my shares at CHM and IMU. That's it.

GLTA