Ann: Non Renounceable Entitlements Offer, page-4

I agree. I know the company needs cash to continue work, but a capital raising at 2.8c per share and diluting our holdings unless we have the cash to participate seems crazy. A float of Advent or riding the wave of gas shortage news lately to raise the SP for a few months might have been a better idea.

I reckon we will see the SP sink back below 2.8c again now. It seems to happen every time one of these capital raisings pop up... unfortunately.