Ann: $23M Placement to Strategic Investors , page-26

All I know is that management is diluting the crap out of us.
After stating some rubbish about minimal dilution to shareholders we get 2 lots of 20% dilution,a whopping 80m options issued to themselves and a few % of future profit handed over to Blackrock for friggin ever.

If Jetstar had not had a pie warmer break down that plane would not have been 2.5 hours late and that vote for the extra 10% issue at the last AGM would have likely not got up.What a joke.

It seems so ridiculous that they do a deal with so called strategic investors yet at the same time they are the likely ones who have been capping AVB all along.
Why not wait until the Mining Licence and Jorc is done and issue them with a possible higher sp.
Or is management holding off news for them to get this over the line cheap and when they all have their fill we can all go wow the sp is going up.Then all us shareholders are happy and forget about the shafting in our backsides.Happened already with this measily rise today and everyone is crowing.I see nothing to gloat about issuing at 7.5 when we should be over that now anyway.

What's this comment about pedigree partners when Appian started 2 years ago.It's a new breed and they started up due to foresight in seeing an opportunity extracting maximum profits for themselves.They aren't here to give they are here to take and they certainly have at a bargain basement and pathetic 7.5c.

No go AVB!