So are we all happy with innuendo that there will be a share placement of up to 70,000.000 shares, or 25% of the number on issue at present?
Considering all the implications that we were in a strong cash position and fund raising would be unlikely, it's an interesting scenario.
We can only wait with fingers crossed to see at what price the placement takes place and how it dilutes the current value of members sp.
Perhaps we will eventually get back to 3-4 billion shares like before and do another consolidation lol!
Shame we get some good optimistic news but it seems to mask a bit of a hidden agenda. I don't get the impression the old and faithful are the major concern of this board as they push forward with bigger fish to fry.
Hopefully we will get pulled along for the ride![]()
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