pathetic raising

It beats me why the company even needs to raise money at these levels, given the funding which PT says is in place. And to go to the market for a measly $5m smacks of not just small-minded thinking, but maybe desperation. If it's just to pay salaries, you would really have to worry! I'm also hacked off that although I only hold half a million shares, I don't even get a look in as regards being given a chance to acquire some cheap stock, the same as all other posters on this site. I understand that if I was a client of Lodge Partners I may have stood an outside chance, however, that's not the point. It's all a bit too cosy for my liking. I'm hanging on for the long delayed reconstruction, then getting into an iron ore play where shareholders are treated a little more equitably.