time changes everything?, page-5

Hang on a minute RiverDry, I assume you are talking about the proposed 11m shares for future capital raising ? I am fundamentally opposed to this proposal and cannot see the need for it - it flies in the face of everything Finch has been saying recently - that Stage 1 development costs can be paid from borrowings and repaid in short time...and that stage 2 costs will be largely covered by expected profits from the DSO. The very existence of this proposal is enough to say to the market "Finch doesn't believe what he has been telling everyone" ! What does that do for investor confidence...just look at the SP since the notice of GM was issued ! If 11m shares were issued to outsiders at 80% of the current SP (i.e. 65 cents/share) it would be the biggest heist since Ned Kelly was in action.
After a few days to consider the proposed performance rights and directors options I am even angrier. IMO these proposals should lead to a vote of no confidence in these directors who are shamelessly putting their own interests ahead of the company and its shareholders. Finch and McKay are not only replaceable, the company would do far better if they were replaced -the sooner the better.