I think that this board deserves to receive a strike to drive accountability home for an extremely underwhelming period of management, irrespective of further announcements.
I'm also inclined to be against performance rights and additional placement capacity above the standard 15%; this board exercises little self restraint when it comes to issuing of shares.
This board needs to be put on a shorter leash with respects to some of the decisions made; and even more so, when considering the ongoing financial position the company is in.
Ann: Notice of Annual General Meeting/Proxy Form, page-12
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