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Ann: Pro rata rights issue, page-131

  1. 429 Posts.
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    I fully agree that some past issues are still influencing current perception. I've made similar comments and as I say, I enjoy reading your posts and oftentimes agree with you.

    My comment above specifically relates to the context of your own comment, "Didn't JAT hand out shares the other day for VWAP 4 cents. Robbing shareholders atm." Unless I'm mistaken "atm" stands for "at the moment" and therefore is not referring to past days when the share price was 20c, it is referring to right now, when it is 5c. Therefore asking SH's to participate in a raise at the current price is not robbing them.

    The comment regarding the 4c shares should be properly contextualised to being part of the acquisition of Sunnya and that they were always part of the acquisition agreement. They were always due to have been paid, subject to performance condition being met. And for context, I re-state that I believe most would agree the acquisition of Sunnya has been a success.

 
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